THE following companies saw new developments that may affect trading of their shares on Wednesday:

MAPLETREE Industrial Trust (MIT) is looking to raise at least S$350 million through a private placement to partially fund its joint purchase of a North American data centre portfolio worth US$1.37 billion, of which its share of the bill is about S$965 million.

UNITS of Keppel DC Reit rose as much as 7.78 per cent in active trading on Tuesday, following news that it had raised S$478.2 million to partially fund a proposed acquisition of a 99 per cent interest in Keppel DC Singapore 4 and a 100 per cent stake in 1-Net North Data Centre.

THE following companies saw new developments that may affect trading of their shares on Tuesday:

KEPPEL DC Reit has raised S$478.2 million through a private placement of 135 million units at an issue price of S$1.744 per unit, and a preferential offering of about 142 million units at an issue price of S$1.71. 

THE following companies saw new developments that may affect trading of their shares on Tuesday:

KEPPEL DC Reit is planning to raise about S$473.8 million to partially fund the acquisition of a 99 per cent stake in data centre Keppel DC Singapore 4 (KDC SGP 4), along with a 100 per cent stake in 1-Net North Data Centre (1-Net North DC).

The REIT is concurrently also launching a combination of a private placement, preferential offering, and debt to fund the purchase. The post Keppel DC REIT to acquire two data centres in Singapore for $426m appeared first on DealStreetAsia.

KEPPEL DC Reit is planning to raise about S$473.8 million to partially fund the acquisition of a 99 per cent stake in data centre Keppel DC Singapore 4 (KDC SGP 4), along with a 100 per cent stake in 1-Net North Data Centre (1-Net North DC).

Submitted By:  Staff Reporter Case Study:  No The proceeds will be used for other acquisitions and refinancing purposes. Keppel Infrastructure Trust’s (KIT) w...