CapitaMall Trust sells $200 million of new shares

The CapitaMall Trust placement comes as markets take a dive on renewed concerns about the fallout from the European debt crisis.

CapitaMall Trust sells $200 million of new shares

Singapore-listed CapitaMall Trust yesterday braved a worsening market to raise S$250 million $200 million from a share placement that it will use to fund asset enhancement initiatives at its existing shopping malls.

The follow-on sale came just one trading day after CapitaMalls Malaysia Trust issued about $106 million worth of new shares in a transaction that saw very good response and was able to price at the top of the offering range. As...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition

EVENTS