REIT Financial News - 25 MAR 2010: Cambridge lists new units under the distribution reinvestment plan

LISTING OF NEW UNITS UNDER THE DISTRIBUTION REINVESTMENT PLAN. See report.

Key Points

• 2,585,239 new CIT units have been issued pursuant to CIT’s Distribution Reinvestment Plan
• The New Units will commence trading on the Main Board of Singapore Exchange Securities Trading Limited (the “SGX-ST”) at 9.00 a.m. on 26 March 2010.
• The New Units will rank pari passu in all respects with the existing units in CIT.

Author's Note
CIT is the first S-REIT to have successfully carried out the dividend reinvestment plan. Saizen Reit proposed a similar plan way back in 2009 but abandoned the plan later.