CapitaLand Retail China Trust to raise at least S$300m for acquisition

News about CapitaLand China Trust —
CapitaLand Retail China Trust (CRCT) on Tuesday launched an equity fundraising to finance part of its proposed purchase of interests in business parks and a Guangzhou mall.

The private placement's indicative issue price range is S$1.193 to S$1.236 per new unit.
...read more on The Business Times
CapitaLand China Trust
Price0.665 SGD
NAV1.010 SGD
Yield (4 quarters)7.25%
Gearing41.4%