Dasin Trust Raises S$94 Million With Private Placement

News about Dasin Retail Trust

Dasin Retail Trust has done a quick equity raise on Friday 26 of June, with a private placement of S$94 million - issuing 120,512,000 new units at S$0.78 per unit. The funds will go toward the purchase of Shunde Metro Mall in Guangdong, China.

Dasin Retail Trust
Price0.790 SGD
NAV1.280 SGD
Yield (4 quarters)6.77%
Gearing37.9%