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Mapletree Commercial Trust: Private Placement Of 200.9 Million New Units At S$2.24 To S$2.28 & 71 For 1K Preferential Offering Of 205.6 Million New Units At S$2.20 To S$2.24.

16 Oct 2019 10:11

A private placement of 200,893,000 New Units at an issue price of between S$2.240 and S$2.280 per New Unit to raise gross proceeds of no less than S$450.0 million. A pro-rata and non-renounceable preferential offering of 205,589,840 New Units on the basis of 71 New Units for every 1,000 existing units in MCT to be held as at 5.00 p.m. on 24 October 2019 to Entitled Unitholders at an issue price of between S$2.200 and S$2.240 per New Unit, fractions of a New Unit to be disregarded, to raise gross proceeds of no less than S$452.3 million...

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Source: ShareInvestor Express