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CapitaLand China Trust to raise total proceeds of $150.0 mil from private placement; upsize option exercised

Felicia Tan
Felicia Tan10/13/2021 08:25 AM GMT+08  • 1 min read
CapitaLand China Trust to raise total proceeds of $150.0 mil from private placement; upsize option exercised
The trading of the new units is expected to commence at 9am on Oct 21.
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The manager of CapitaLand China Trust (CLCT), along with joint global coordinators and bookrunners, DBS Bank, JP Morgan (SEA), The Hongkong and Shanghai Banking Corporation (HSBC) have closed the books of orders for the private placement on Oct 12.

The issue price per new unit has been determined at $1.165 per unit. The upsize option was exercised in full.


See: CapitaLand China Trust's current share price post market correction is an opportunity to buy the dip: DBS

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