111.8m new units will be issued.
Soilbuild REIT has completed a private placement exercise in which 111.8m new units will be issued at a price of S$0.805 per unit.
The issue price represents a 3.6% discount to its last closing price of S$0.835.
Soilbuild REIT intends to use the gross proceeds to partially fund its proposed acquisition of 72 Loyang Way, which is expected to cost S$98.1m.
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