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Monday, November 23, 2009

REIT Financial News - Latest stake of Keppel Corp and Keppel Land in Kreit-asia after the rights issue

KEPPEL LAND - ACQUISITION OF UNITS IN K-REIT ASIA PURSUANT TO K-REIT ASIA’S UNDERWRITTEN AND RENOUNCEABLE RIGHTS ISSUE - see report

KEPPEL CORP - ACQUISITION OF UNITS IN K-REIT ASIA PURSUANT TO K-REIT ASIA’S UNDERWRITTEN AND RENOUNCEABLE RIGHTS ISSUE - see report

  • The total number of units in K-REIT Asia deemed to be held by Keppel Land has increased to 606,259,751 units, which represents approximately 45.38% of the total number of issued units in K-REIT Asia as at 20 November 2009.
  • The total number of units in K-REIT Asia deemed to be held by Keppel Corp (through KREI and Keppel Land Limited) has increased to 1,013,694,199 units, which represents
    approximately 75.87% of the total number of issued units in K-REIT Asia as at 20
    November 2009.
  • Free float units is now about 24.13%




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