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Brokers' take

Published Tue, Sep 3, 2019 · 09:50 PM
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Soilbuild Business Space Reit | Hold (maintained) Sept 3 close: S$0.54 Target price: S$0.58 OCBC Investment Research, Sept 3

SOILBUILD Business Space Reit's (Soilbuild Reit) announced a non-renounceable preferential offering of 192,135,040 new units at an issue price of S$0.53 on the basis of 18 new units for 100 existing units.

The offer price represents an 8.6 per cent discount to Aug 21's closing price (the date before the offer was first made).

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Brokers' Take

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