The Business Times
business-time-50
SUBSCRIBERS

Corporate digest

google-preferred-sourceAdd BT as a preferred source
Published Mon, Dec 26, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Sabana Reit

SABANA Shari'ah Compliant Industrial Real Estate Investment Trust (Reit) will lower the conversion price of its S$80 million principal amount of 4.5 per cent convertible sukuk due 2017 if a planned S$80.2 million rights issue is completed.

The conversion price of the sukuk will be adjusted to S$0.8628 per unit from S$1.0131 per unit after the rights units are issued. Sabana Reit's stock closed at 45 Singapore cents on Dec 23.

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

The fourth Amity Circle retreat was hosted by Temasek Foundation from Apr 8 to 10 in Hanoi.

Middle East-linked energy supply shocks put Asean Power Grid back in focus

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

DPM Gan Kim Yong said the question is not whether shocks will occur in future, but whether Singapore's systems are able to absorb them, and continue to function.

DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More