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COMMERCIAL PROPERTY | Staff Reporter, Singapore
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CapitaLand Commercial Trust converts $175m 2.5% convertible bonds

They were turned to common stocks.

CapitaLand Commercial Trust (CCT) cancelled $175m worth of 2.5% convertible bonds, after converting the last portion of $4.5m into stock.

According to an announcement, a total of 3,154,574 units have been issued at the price of $1.4 per unit.

CCT's total units is now 3,093,615,837.

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