Preferential offering

A greater focus on value unlocking moves versus acquisitions could go a long way in sustaining investor enthusiasm

Underwriters DBS, OCBC, UOB to absorb around S$74.3 million worth of stock

With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically

Gross proceeds of S$886.3 million will go into funding the purchase of another one-third interest of Marina Bay Financial Centre’s Tower 3

Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU

Trust managers can drive growth with astute property purchases

It will raise gross proceeds of about S$421.3 million

It is on the basis of 86 preferential units for every 1,000 existing units

A total of 377.3 million new units will be issued to raise gross proceeds of S$757.2 million