preferential offering

CICT receives 48.5% access applications for preferential offering  - THE EDGE SINGAPORE

REITs

CICT receives 48.5% excess applications for preferential offering

CICT’s preferential offering units are expected to be listed and quoted on the mainboard of the SGX-ST with effect from 9.00 a.m. on Oct 2.

REITs

Elite Commercial REIT raises GBP28 mil with preferential offering oversubscribed

The REIT's preferential offering was oversubcribed by over 120%.

REITs

Elite Commercial REIT to raise GBP28 mil through preferential offering

The gross proceeds will be used to mainly repay debt and reduce the REIT’s gearing.
CapitaLand Ascott Trust to raise $300 mil, proposes to acquire three lodging assets for $530.8 mil - THE EDGE SINGAPORE

Equity raising

CapitaLand Ascott Trust to raise $300 mil, proposes to acquire three lodging assets for $530.8 mil

CapitaLand Ascott Trust will raise $300 million via a private placement and a preferential offering.

REITs

IREIT Global raises $75.9 mil as preferential offering 134.7% subscribed

The preferential offering units are expected to be listed and quoted on the SGX-ST's Mainboard at 9am on July 19.
IREIT Global launches fully underwritten preferential offering to raise $75.9 mil - THE EDGE SINGAPORE

REITs

IREIT Global launches fully underwritten preferential offering to raise $75.9 mil

The proceeds will be used to mainly fund the acquisition of the 17 retail properties located across France.
AIMS APAC REIT seeks to raise $100 mil through private placement and preferential offering - THE EDGE SINGAPORE

REITs

AIMS APAC REIT seeks to raise $100 mil through private placement and preferential offering

Existing unitholders will be eligible to an advanced distribution of between 1.7 cents to 1.9 cents per unit from Apr 1 to May 30.

REITs

ESR-LOGOS REIT seeks to raise $300 mil via private placement and preferential offering

The units from the private placement will be offered at an issue price of between 33 cents to 33.5 cents per new unit.
UOB Kay Hian lowers MCT's TP to $2.24 on imminent merger with MNACT - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian lowers MCT's TP to $2.24 on imminent merger with MNACT

UOB Kay Hian analyst Jonathan Koh called the preferential offering a "mere formality".

REITs

MCT's preferential offering to open on July 12

Unitholders will have till July 20, at 5.30 pm, to accept, apply and pay for the units under the preferential offering.
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