387 views
Photo from Shutterstock

CICT issues over 171 million private placement units

The issue price per private placement unit is at $2.040.

CapitaLand Integrated Commercial Trust Management Limited (CICT) has announced the issuance of 171,737,000 private placement units at an issue price of $2.040 per unit, according to a bourse filing.

This brings the group’s total number of units in issue to 6,909,307,975 units. 

The holders of the private placement units will, upon issue, have the same respects with the other existing units except in advanced distribution (H1 2024 Distribution). They will also not be eligible to participate in the preferential offering, but will be entitled to receive distributions from the date they are issued. 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.