The Business Times
business-time-50

KReit placement at S$1.13 a unit works out to higher DPU accretion for Keppel Bay Tower acquisition: analysts

google-preferred-sourceAdd BT as a preferred source
Published Fri, Feb 19, 2021 · 09:50 PM

    Singapore

    KEPPEL Reit's (KReit) private placement has been priced at S$1.13 per new unit, about midway in its indicative range.

    This comes after its manager's proposal on Feb 18 of a private placement of between 235.6 million and 242.8 million new units, at an issue price of between S$1.112 and S$1.146.

    Keppel Reitprivate placementS-Reits

    TRENDING NOW

    Altitude Xperience argued that the rooftop space in contention was not considered an unused space.

    Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Indonesia’s Minister of Communication and Digital Affairs Meutya Hafid says sovereignty is about "having control at home and the confidence to cooperate abroad".

    Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister

    Rice remains the centrepiece and a volatile variable of the Philippine-Vietnam relationship, as Manila relies heavily on Hanoi to ensure its national food security. 

    Philippines-Vietnam US$10 billion trade push risks running into rice politics

    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