Feb 27, 2018
ESR-Reit to issue 263m new units to raise S$142m
ESR-Reit to issue 263m new units to raise S$142m
Tue, Feb 27, 2018 – 7:25 PM THE manager of ESR-Reit on Tuesday announced details for its pro-rata and non-renounceable preferential offering of up to 262.8 million new units at S$ 0.54 each to raise gross proceeds of up to S$ 141.9 million. This will be done on the basis of 199 new units for every 1,000 existing units in the trust held as at 5 pm on March 7, 2018. The issue price is a 7.1 per…
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