CICT issues over 171 million private placement units
The issue price per private placement unit is at $2.040.
CapitaLand Integrated Commercial Trust Management Limited (CICT) has announced the issuance of 171,737,000 private placement units at an issue price of $2.040 per unit, according to a bourse filing.
This brings the group’s total number of units in issue to 6,909,307,975 units.
The holders of the private placement units will, upon issue, have the same respects with the other existing units except in advanced distribution (H1 2024 Distribution). They will also not be eligible to participate in the preferential offering, but will be entitled to receive distributions from the date they are issued.