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CapitaLand Retail China Trust to raise at least S$300m for acquisition

Fiona Lam

Fiona Lam

Published Tue, Nov 17, 2020 · 09:50 PM
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Singapore

CAPITALAND Retail China Trust (CRCT) has launched an equity fund-raising to finance part of its proposed purchase of interests in business parks and a Guangzhou mall.

The private placement's indicative issue price range is S$1.193 to S$1.236 per new unit, the CRCT manager said on Tuesday morning.

That represents a discount of about…

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