IFLR1000

ARA Asset Management S$152.1 million rights issue

17/12/2015
Rights issue
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S$ 152 million

Completed

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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