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Friday, April 1, 2011

Close of private placement of 206,186,000 new units in A-Reit at an issue price of s$1.94 per new unit

Close of private placement of 206,186,000 new units in A-Reit at an issue price of s$1.94 per new unit:
Key Points
  • Further to its announcement dated 31 March 2011 in relation to the private placement of up to 209,425,000 New Units at an issue price of between S$1.91 and S$1.96 per New Unit, the Issue Price has been fixed at S$1.94 per New Unit, as agreed between the Manager and the Sole Lead Manager and Underwriter, following an accelerated book building process and the total number of New Units to be issued pursuant to the Private Placement is 206,186,000.

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