News
Launch Of Private Placement To Raise Gross Proceeds Of Approximately S$150.0 Million
BackAug 15, 2022
| Announcement Title | Placements |
| Date & Time of Broadcast | Aug 15, 2022 7:37 |
| Status | New |
| Announcement Sub Title | Launch of Private Placement to raise gross proceeds of approximately S$150.0million |
| Announcement Reference | SG220815OTHRPW6G |
| Submitted By (Co./ Ind. Name) | Karen Chan |
| Designation | Company Secretary, Ascott Residence Trust Management Limited |
| Description (Please provide a detailed description of the event in the box below) | The Offer Price indicated below is based on the lower end of the Private Placement Issue Price Range. Please refer to the attachments for more details. |
| Additional Details | |
| Capital Amount-Old | SGD 3,882,421,278 |
| Capital Amount-New | SGD 4,032,422,238 |
| No. of Existing Outstanding Shares | 3,290,187,524 |
| New Shares Issued | 135,136,000 |
| Offer Price | SGD 1.11 |
Attachments
- Launch Of Private Placement (Size: 159,018 bytes)
- Notice Of Record Date (Size: 142,261 bytes)