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Sunday, June 18, 2023

Capland India

 Wah, today she powers up ! Up 5 cents to touch 1.15! Seem like some Big Boy are playing! Pls dyodd. 



The company has just made announcement for the PO offering at 1.06 per share for existing shareholders for every 1000 share you are eligible to get 119 share of rights. 




The launch of this PO will allow the company to raise the proceeds of 150.1m for paying the below 2 projects that will be dpu accretive of about 4% and the yearly dpu is about 8.54 cents and the yield is about 7.5% based on current price of 1.13.




I think further announcements will make known to us the XR/XD date for this PO.

If don't have advance dpu then TERP is about 1.116.

Let's wait for the further update!

Not a call to buy or sell!

Please dyodd.


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