ESR-REIT (SG:J91U) has released an update.
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ESR-LOGOS REIT’s recent preferential offering saw a 93.9% subscription rate, raising approximately S$88.2 million. Along with additional funding, the total proceeds reach around S$194.0 million, ensuring sufficient financial resources for their acquisitions in Japan and Singapore. Investors can see this as a positive sign of the company’s strategic growth and financial health.
For further insights into SG:J91U stock, check out TipRanks’ Stock Analysis page.
