Placements::Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately US$80.0M

Issuer & Securities

Issuer/ Manager
MANULIFE US REAL ESTATE MANAGEMENT PTE. LTD.
Securities
MANULIFE US REIT - SG1CI1000004 - BTOU
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
30-Nov-2021 07:36:15
Status
New
Announcement Sub Title
Launch of Private Placement to Raise Gross Proceeds of No Less Than Approximately US$80.0M
Announcement Reference
SG211130OTHRXF3X
Submitted By (Co./ Ind. Name)
Tan Ling Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The terms "Capital Amount - New" and "Offer Price" indicated below are based on the lower end of the Private Placement Issue Price Range (assuming the the Upsize Option is fully exercised). Please refer to the attached announcement for details.

Additional Details

Capital Amount-Old
USD 1,139,890,358
Capital Amount-New
SGD 1,239,901,258
No. of Existing Outstanding Shares
1,600,070,689
New Shares Issued
154,100,000
Offer Price
USD 0.649

Attachments

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