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CapitaLand Ascott Trust Preferential Offering Undersubscribed: What does it mean for unitholders?

What happened? Earlier, we shared that CapitaLand Ascott Trust (CLAS) has also announced a preferential offering which offers unitholders the right to buy 29 new units for every 1,000 units held, at S$1.025 each. The results on the allotment of the CapitaLand Ascott Trust preferential offering have been announced. In total, only 64.7% of the […]

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