THE manager of Keppel DC Real Estate Investment Trust (Reit) on Monday (Dec 2) announced the launch of its preferential offering for 148.4 million new units at an issue price of S$2.03 apiece.
The offering, which is on the basis of 86 preferential units for every 1,000 existing units, opens on Monday at 9 am and will close on Dec 10.
It will close at 5.30 pm for acceptances made via the application form, electronic applications via the Singapore Exchange investor portal and remittances via PayNow, and at 9.30 pm for acceptances made via electronic applications through an ATM of a participating bank.
Entitled unitholders who wish to accept their allotment of new units under the preferential offering should do so according to the instruction booklet that the Reit’s manager launched on Monday.
Units of Keppel DC Reit closed flat at S$2.22 on Friday before the news.
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