The manager of Ascendas REIT says the REIT will issue 133,948,782 preferential offering new units at $2.96 per unit, further to its announcement on Dec 3.

With the issue of the new units, the total number of units in issue under the REIT stands at 4,018,562,150.

SEE:'Buy' Ascendas REIT for potential in proposed overseas acquisitions: analysts

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook