Brief: Oue Commercial Real Estate Investment Trust Adjusts Conversion Price of Convertible Perpetual Preferred Units

OUE Real Estate Investment Trust

10/09/2018 21:38

Sept 11 (Reuters) - Oue Commercial Real Estate Investment
Trust  OUEC.SI :
    * REFERS TO PROPOSED RIGHTS ISSUE OF 1.29 BILLION NEW UNITS
IN OUE
C-REIT
    * CONVERSION PRICE WILL BE ADJUSTED FROM S$0.841 FOR EACH
CPPU TO
S$0.7154 FOR EACH CPPU
    * PROPOSED UNDERWRITTEN AND RENOUNCEABLE RIGHTS ISSUE TO
RAISE
GROSS PROCEEDS OF ABOUT S$587.5 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8YYzn1
Further company coverage:  OUEC.SI 

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