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Tuesday, January 26, 2010

REIT Financial News - 26 Jan 2010: Launch of Private Placement of 137.0 million New Units in Frasers Centrepoint Trust

Launch of Private Placement of 137.0 million New Units in Frasers Centrepoint Trust.  See report.

This is following the earlier report FrasersCT Proposed Acquisitions of Northpoint 2 and YewTee Point. FCT will be doing a Private Placement for the Equity Fund Raising to partially fund the acquisitions. The issue price is between S$1.29 and S$1.33 per New Unit.

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