News about AIMS AMP Capital Industrial REIT —
AIMS APAC REIT is launching a fundraising operation with the aim of adding S$100 million to its coffers. The trust has completed a private placement of S$70 million with 57.7 million new units issued at S$1.214, the remainder will be done through a preferential offering:
Under the preferential offering, new units will be priced between S$1.189 and S$1.224 apiece. This represents a discount of between about 7.2 per cent and 9.9 per cent to the VWAP of S$1.319 per unit for all trades done on Tuesday.