Ascendas Real Estate Investment Trust :, with valid acceptances and excess applications for around 196.8 million new units, around 1.5 times the total of 133.9 million units available. The preferential offering, which was part of an equity fundraising exercise announced last month, would raise gross proceeds of around S$396.5 million. Ascendas Reit's units closed unchanged at S$2.95 on Thursday, before the announcement.
which raised US$400 million in its first close. Shares of Keppel Corp closed flat at S$5.15 on Thursday.
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