Ascendas REIT issues 498 million rights units under $1.31b programme

This brings the total number of issued units to 3.61 billion.

Ascendas REIT has issued about 498 million new units under its $1.31b rights issue, according to an SGX filing. It was listed and quoted on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) in 6 December.

This brings the total number of issued units in Ascendas Reit to 3.61 billion.

The right units will, upon issue and allotment, has been ranked equally in all respects with the existing units in issue as at the date of issue of the new units. This includes the right to any distributions which may accrue for the period from 1 October 2019 to 31 December 2019.

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