FLT says 152 mil new units sold to raise S$147m in preferential offering

-A +A

SINGAPORE (June 11): Frasers Logistics & Industrial Trust (FLT) announced that about 152 million preferential offering new units were issued at 96.7 Singapore cents per unit, raising approximately S$147.1 million.

The trust’s total number of preferential units now stands about 2 billion.

Along with a private placement exercise the group held on May 21, which raised S$328.9 million, the trust has raised a total of S$476.0 million from its equity fund raising... (Click here to read the full story)