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private placement
QT Vascular raises $0.6 mil from placement of new shares to GEM Global
SINGAPORE (Jan 15): QT Vascular says it has raised $0.62 million from the capital commitment agreement entered into Gem Global.
January 15, 2018
Broker's Calls
CRCT kept at 'hold' despite slight DPU accretion from mall acquisition
SINGAPORE (Nov 30): OCBC Investment Research is maintaining its “hold” on CapitaLand Retail China Trust (CRCT) with a higher fair value of $1.63 compared to $1.61 previously, after accounting for the trust’s acquisition of Rock Square and its privat
November 30, 2017
Property
CRCT raises $103.8 mil in oversubscribed placement for joint acquisition of Guangzhou mall
SINGAPORE (Nov 29): The manager of CapitaLand Retail China Trust (CRCT) says its private placement announced yesterday has been oversubscribed, and that it has exercised an upsize option to issue a total of 64.4 million new units at $1.612 per new unit to
November 29, 2017
Gallant Venture in private share placement to 3 investors to raise $68.2 mil
SINGAPORE (Nov 21): Gallant Venture, the investment holding company with focus on regional growth opportunities, is selling a total of 513 million new shares under a private placement to three investors at 13.3 cents each to raise $68.2 million.
November 21, 2017
Darco Water in private placement to raise funds for PPP water projects
SINGAPORE (Nov 16): Darco Water Technologies has entered into a placement agreement to sell 1.5 million new shares at 60 cents each to substantial shareholder Stone Robert Alexander.
November 16, 2017
M&A
Mapletree Industrial Trust in JV to acquire 14 data centres in US for $1.02 bil
SINGAPORE (Oct 24): Mapletree Industrial Trust has formed a joint venture with Mapletree Investments to acquire a portfolio of 14 data centres in the US for $1.02 billion.
October 24, 2017
Oxley in private placement of treasury shares to raise $13 mil for working capital purposes
SINGAPORE (Oct 12): Oxley Holdings is selling 22.7 million treasury shares at 59 cents each in a private placement to raise $13.4 million.
October 12, 2017
Singapore Myanmar Investco to raise $7 mil in private placement
SINGAPORE (Aug 31): Singapore Myanmar Investo is placing out more than 15.4 million new shares at 48 cents each with the help of CLSA Singapore to raise $7 million in net proceeds.
August 31, 2017
Yangzijiang raising $209 mil in private placement exercise
SINGAPORE (Aug 31): Yangzijiang Shipbuilding (Holdings) is placing out 137 million new shares to institutional and other investors with the help of JP Morgan (SEA) at $1.53 each to raise net proceeds of $208.8 million.
August 31, 2017
Manulife US REIT placement ‘well over-subscribed’, raised gross proceeds of US$80.5 mil
SINGAPORE (June 20): The manager of Manulife US REIT announced on Tuesday that its private placement was “well over-subscribed with strong participation from new and existing institutional investors”, triggering the upsize option.
June 20, 2017