Placements::Launch of Private Placement to Raise Gross Proceeds of No Less than US$80.0 Million

Issuer & Securities

Issuer/ Manager
KBS US PRIME PROPERTY MANAGEMENT PTE. LTD.
Securities
PRIME US REIT - SGXC75818630 - OXMU
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
24-Jun-2021 08:14:44
Status
New
Announcement Sub Title
Launch of Private Placement to Raise Gross Proceeds of No Less than US$80.0 Million
Announcement Reference
SG210624OTHRGZ5N
Submitted By (Co./ Ind. Name)
Ngiam May Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment for details.

Additional Details

Capital Amount-Old
USD 934,691,886
Capital Amount-New
USD 1,045,105,486
No. of Existing Outstanding Shares
1,062,149,870
New Shares Issued
125,470,000
Offer Price
USD 0.797

Attachments

Related Announcements