Keppel DC Reit Launches Preferential Offering at S$2.03 Apiece
The manager of Keppel DC Real Estate Investment Trust on Monday announced the launch of its preferential offering for 148.4 million new units at an issue price of S$2.03 apiece.Thenon-renounceable preferential offering, which is on the basis of 86 preferential units for every 1,000 existing units, opens on Monday at 9 am and will close on Dec 10.It is part of an equity funding exercise to raise gross proceeds of around S$1.1 billion, the manager said on Nov 19. The exercise also includes a pri