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Published Mon, Dec 26, 2016 · 09:50 PM
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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 Re…
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