Placements::Launch of Private Placement of New Units to Raise Gross Proceeds of Up To S$94.0 million

Issuer & Securities

Issuer/ Manager
DASIN RETAIL TRUST MANAGEMENT PTE.LTD.
Securities
DASIN RETAIL TRUST - SG1DE2000000 - CEDU
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
26-Jun-2020 10:08:27
Status
New
Announcement Sub Title
Launch of Private Placement of New Units to Raise Gross Proceeds of Up To S$94.0 million
Announcement Reference
SG200626OTHREJ6X
Submitted By (Co./ Ind. Name)
Ng Mun Fai
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment for the details on the launch of private placement of new units to raise gross proceeds of up to approximately S$94.0 million.

The issue price for new units is between $0.78 and $0.80. For the purpose of the calculation of new units to be issued, the lower end of the issue price is used.

Additional Details

Capital Amount-Old
SGD 191,000,390
Capital Amount-New
SGD 285,000,390
No. of Existing Outstanding Shares
648,628,301
New Shares Issued
120,512,000
Offer Price
SGD 0.78

Attachments

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