CapitaLand China Trust (CLCT) has priced its recently announced placement exercise at the lowest end of an indicative range.
The units were priced at SGD1.165 each, suggesting that the fundraiser has been met with a less-than-stellar reception from investors despite an oversubscription.
Related: CapitaLand’s China REIT launches SGD150 million fundraiser in foray into logistics sector
Dear members, please login to continue reading this article.
Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?