Placements::Launch of Private Placement to raise gross proceeds of no less than approximately S$500.0 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
28-May-2025 08:07:09
Status
New
Announcement Sub Title
Launch of Private Placement to raise gross proceeds of no less than approximately S$500.0 million
Announcement Reference
SG250528OTHRMC5C
Submitted By (Co./ Ind. Name)
Hon Wei Seng
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 11,485,386,194
Capital Amount-New
SGD 11,985,386,794
No. of Existing Outstanding Shares
4,400,531,109
New Shares Issued
202,840,000
Offer Price
SGD 2.465

Attachments

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