AIMS APAC REIT: Placement Of 70.3 Million Units By AIMS Financial Holding At S$1.35.

16 Oct 2019 13:46

AIMS Financial Group, as the sponsor of AIMS APAC REIT, has exercised the call option relating to approximately 70.3 million units of AA REIT, previously held by AMP Capital Investors Limited and its affiliates, and undertaken a secondary placement of the Sale Units. This placement exercise occurred on 16 October 2019 via a book-building process, at a sale price of S$1.35 per Sale Unit. The placement exercise was carried out by Merrill Lynch (Singapore) Pte. Ltd., DBS Bank Ltd. and MayBank Kim Eng Securities Pte Ltd. The Sale Units were placed out to predominantly new investors including high quality institutional, sovereign wealth, family office and high net worth investors across Asia Pacific and Europe...

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Source: ShareInvestor Express