CapitaLand Mall (SG:C38U) has released an update.
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CapitaLand Integrated Commercial Trust (CICT) is set to open its Preferential Offering on 16 September 2024, aiming to raise gross proceeds of no less than approximately S$1.1 billion. Instruction booklets, alongside acceptance and provisional allotment forms, have been dispatched to eligible unitholders. This move by CICT signifies a significant step in equity fund raising for the trust.
For further insights into SG:C38U stock, check out TipRanks’ Stock Analysis page.
