AA Reit plunges 7.4% after S$94.9m placement
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Singapore
UNITS of AIMS Apac Reit (AA Reit) dived to an eight-month low on Wednesday after the completion of its sponsor's bookbuilding process and secondary placement.
The industrial real estate investment trust (Reit) ended the day at S$1.37, down 11 cents or 7.43 per cent from Tuesday's close. This is its lowest price since Feb 13.
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