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Find out more about IPO and Rights Issue in articles from the All about REIT series:
The IPO Prospectus
Rights Issue Part 1: Terms and Definition
Rights Issue Part 2: What happens during a Rights Issue
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Monday, December 28, 2009

REIT Financial News - MacarthurCook Industrial REIT becomes AIMS-AMP Capital Industrial REIT

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MacarthurCook Industrial Reit has been renamed AIMS-AMP Capital Industrial REIT. The name change was effective last Thursday (Dec 24). See related report.

Today is the first day the Reit is being traded under this new counter name.

The 975,627,332 new units from the recent rights issue exercise also started trading today. The total number of units in issue for the Reit is now 1,463,440,998 Units. See related report.

From the report:
"The Rights Units will rank pari passu in all respects with the existing Units in issue as at the date of issue of the Rights Units, including the right to any distributions which may accrue for the period from 24 November 2009 to 31 December 2009, as well as all distributions thereafter."

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