News
Launch Of Private Placement Of New Units In Dasin Retail Trust To Raise Gross Proceeds Of Up To Approximately S$94.0 Million
BackJun 26, 2020
| Announcement Title | Placements |
| Date & Time of Broadcast | Jun 26, 2020 10:08 |
| 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
- Attachment 1 (Size: 440,391 bytes)