Placement share at $1.428 and pref share offering of every 1000 shares for 87 pref shares @ $1.42-$1.44. Advance dpu of 6.29 cents from 1st Jan to 13th Aug.
$273.4 million to S$279.4 million by way of: (i) (ii) a private placement (the “Private Placement”) of 105,043,000 New Units, at an issue price of between S$1.428 and S$1.469 per New Unit (the “Private Placement Issue Price Range”) to raise gross proceeds of approximately between S$150.0 million and S$154.3 million; and a pro rata and non-renounceable preferential offering (the “Preferential Offering”) of 86,871,006 New Units (the “Preferential Offering New Units”) on the basis of 87 New Units for every 1,000 existing Units (the “Existing Units”) (fractions of a New Unit to be disregarded) held as at 5.00 p.m. on 13 August 2019 (the “Preferential Offering Books Closure Date”) to Eligible Unitholders (as defined herein) at an issue price of between S$1.420 and S$1.440 per New Unit (the “Preferential Offering Issue Price Range”) to raise gross proceeds of approximately between S$123.4 million and S$125.1 million.
NAV $1.61.
Pls dyodd.
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