ARA Asset Management S$152.1 million rights issue

17/12/2015

Rights issue

Value:

S$ 152 million

Status:

Completed

Date:

17/12/2015

Overview:

ARA Asset Management has undertaken a S$152.1 million rights issue.
152 million shares were offered by the issuer.
DBS Bank acted as lead manager and underwriter.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Rights issue

Practice area:

Capital markets : Equity

Governing law:

Singapore

Industry sector:

Real estate

Firms:

Allen & Gledhill

Party: ARA Asset Management (Issuer)

Lawyer: Rhys Goh

Conyers Dill & Pearman

Party: ARA Asset Management (Issuer)

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