The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source

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

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

    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. 

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Hot StockESR-Logos Reit

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    The yen weakened to a low of 125.33 yen per Singdollar on April 13, before recovering slightly to about 124.91 on April 15.

    Singaporeans can now buy record amount of yen per Singdollar

    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 

    US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

    China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

    With the move, Ensign InfoSecurity will be reclassified as an associated company of StarHub, rather than a subsidiary.

    StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain

    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