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Hot stock: ESR-Logos Reit falls 7.1% post private placement to S$0.325

Bernadette Toh

Published Fri, Feb 17, 2023 · 11:03 AM
    • As at 9.15 am, the Reit has hit a four-month low of S$0.325, down S$0.025 or 7.1 per cent from Wednesday’s closing at S$0.35, before the trust issued a trading halt.
    • As at 9.15 am, the Reit has hit a four-month low of S$0.325, down S$0.025 or 7.1 per cent from Wednesday’s closing at S$0.35, before the trust issued a trading halt. PHOTO: RENDY ARYANTO, VVS.SG

    UNITS of ESR-Logos Reit slipped 7.1 per cent in early trade on Friday (Feb 17), at S$0.325 after the real estate investment trust (Reit) announced the close of a private placement exercise.

    As at 9.15 am, the Reit hit a four-month low of S$0.325, down S$0.025 or 7.1 per cent from Wednesday’s closing at S$0.35, before the trust issued a trading halt. The last time the Reit’s units traded near such levels was in October 2022.

    It later rose to trade at S$0.33, down S$0.02 or 5.7 per cent with 32.4 million shares transacted as at 10.34 am. 

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    Hot StockESR-Logos Reit

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