George Wang's AIMS Financial Group raises stake in AIMS APAC REIT after acquiring 7% stake from ESR at $1.19 per unit

News about AIMS APAC REIT —
AIMS Financial Group now owns 18.66% of the REIT.

AIMS Financial Group, the sponsor of AIMS APAC REIT, has acquired a 7% stake in the REIT from another substantial shareholder ESR HK Management.

Via a married deal, AIMS Financial Group paid $1.19 each for around 57.16 million units, bringing its total stake to 18.66%.
...read more on Yahoo! Finance
AIMS APAC REIT
Price1.530 SGD
NAV1.220 SGD
Yield (4 quarters)6.31%
Gearing35.0%
AIMS APAC REIT