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private placement
Equity raising
Totm Technologies seeks to raise $8.2 mil via proposed placement of 71 mil new shares
The placement shares represent around 8.04% of the company’s existing issued and paid-up share capital.
October 29, 2022
Property
Ascott Residence Trust to acquire $318.3 mil of assets in Australia, France, Japan, US and Vietnam
The acquisition is said to be accretive to ART’s yield and will increase its distribution by $9.2 million.
August 15, 2022
REITs
Lendlease REIT raises $648.8 mil from equity fund raising; preferential offering 1.4 times subscribed
Refunds for unsuccessful applications will be made within three working days after the trading of the new units starting April 21
April 15, 2022
REITs
Lendlease Global Commercial REIT's private placement 3.3 times subscribed
A total of 551.7 million new units will be issued at 72.5 cents each under the private placement tranche.
March 23, 2022
Offshore & Marine
Viking Offshore and Marine to raise $880,000 through private placement
Shares in Viking Offshore and Marine closed at 8.9 cents on Jan 18.
January 19, 2022
Company in the news
Straits Trading Company launches private placement to raise $80.9 mil
The share placement will address the low trading liquidity of Straits Trading’s shares.
January 18, 2022
REITs
CICT launches private placement to raise $200 mil
103.6 mil new units will be issued at an issue price between $1.93 to $1.981, with a potential upside option subject to demand.
December 07, 2021
REITs
Manulife US REIT raises US$100 mil through private placement; issue price fixed at 64.9 US cents per new unit
The private placement itself was over two times covered.
December 01, 2021
REITs
Manulife US REIT to raise US$80.0 mil through private placement
The new units are expected to be issued and commence trading on the SGX-ST on Dec 9.
November 30, 2021
REITs
CapitaLand China Trust to raise total proceeds of $150.0 mil from private placement; upsize option exercised
The trading of the new units is expected to commence at 9am on Oct 21.
October 13, 2021