Keppel DC Reit is launching a preferential offering to raise gross proceeds of about S$404.5 million.
Under preferential offering, unitholders are entitled to 80 units for every 1,000 units owned at $2.24 each.
The offering will increase the number of units in issue by 8 %, or about 180.6 million units. The counter will be traded on a cum-offer basis up to Sep 25
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- EVBullMusketeer·09-25Preferential offering at $2.24 may trigger dilution worries. Watching how the market digests this moveLikeReport
- Maurice Bertie·09-25Keppel DC Reit’s S$404.5M offering! 80 units/1k—boosts infra, promising upside!LikeReport
- Norton Rebecca·09-258% unit increase + cum-offer till Sep25! Dilution risks may drag share price down!LikeReport
- nimbly·09-25Great move to raise funds! Exciting times ahead! [Wow]LikeReport