2.03m new AA Reit units to commence trading on Wednesday

AIMS AMP Capital Industrial Reit Management, manager of AIMS AMP Capital Industrial Reit (AA Reit), said on Wednesday it is issuing and listing 2.03 million new units under its distribution reinvestment plan (DRP).

The units will be issued at an issue price of S$1.4804 per unit to eligible unitholders who have elected to participate in the DRP. Following the issue of the DRP units, the number of issued units in AA Reit will increase from 631.75 million to 633.78 million. The units to be allotted will commence trading on the mainboard of Singapore Exchange on Wednesday.