Placements::Launch of Private Placement to raise gross proceeds of no less than approximately S$450.0 million
Issuer & Securities
Issuer/ Manager
CAPITALAND ASCENDAS REIT MANAGEMENT LIMITED
Securities
CAPITALAND ASCENDAS REIT - SG1M77906915 - A17U
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
16-May-2023 07:44:28
Status
New
Announcement Sub Title
Launch of Private Placement to raise gross proceeds of no less than approximately S$450.0 million
Announcement Reference
SG230516OTHR7HY2
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The terms "Capital Amount-New", "New Shares Issued" and "Offer Price" indicated below are based on the lower end of the Private Placement Issue Price Range.
Please refer to the attached announcement issued by CapitaLand Ascendas REIT Management Limited for CapitaLand Ascendas REIT for further details.
Additional Details
Capital Amount-Old
SGD 12,107,493,691
Capital Amount-New
SGD 12,557,496,288
No. of Existing Outstanding Shares
4,203,990,865
New Shares Issued
165,869,000
Offer Price
SGD 2.713
Attachments
Launch of Private Placement_16May2023.pdf
Total size =489K
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