CapitaLand Mall (SG:C38U) has released an update.
CapitaLand Integrated Commercial Trust has successfully issued 377,303,974 new Preferential Offering Units at S$2.007 each, following its equity fundraising announcement to secure a minimum of S$1.1 billion. These units are set to be listed on the Singapore Exchange and will share equal standing with existing units, excluding entitlement to the previously paid Advanced and 1H2024 Distributions. This move expands the total unit count to 7,286,611,949 for the Trust.
For further insights into SG:C38U stock, check out TipRanks’ Stock Analysis page.