CapitaLand Mall (SG:C38U) has released an update.
CapitaLand Integrated Commercial Trust has utilized an additional S$19.5 million from its recent equity fund raising, which amassed approximately S$1.1 billion. The funds are being directed towards costs related to a proposed acquisition and associated expenses. This financial maneuver highlights CICT’s strategic allocation in enhancing its portfolio.
For further insights into SG:C38U stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com