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Suntec REIT makes capital injection of $40 mil into entitles of Suntec Singapore International Convention and Exhibition Centre

Felicia Tan
Felicia Tan • 2 min read
Suntec REIT makes capital injection of $40 mil into entitles of Suntec Singapore International Convention and Exhibition Centre
ARA Trust Management, the manager of Suntec REIT says that Suntec REIT’s wholly-owned subsidiary, Suntec Harmony, has subscribed for new ordinary shares in Harmony Investors Group (HIGL) for a subscription amount of $40 million.
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SINGAPORE (July 1): ARA Trust Management, the manager of Suntec REIT says that Suntec REIT’s wholly-owned subsidiary, Suntec Harmony, has subscribed for new ordinary shares in Harmony Investors Group (HIGL) for a subscription amount of $40 million.

The transaction was made directly and indirectly through Harmony Partners Investments Limited (HPIL).

HIGL indirectly holds Suntec International Convention and Exhibition Centre (Suntec Singapore).

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