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AIMS APAC REIT ( (SG:O5RU) ) has issued an announcement.
AIMS APAC REIT has announced the issuance of S$125 million in 4.70% subordinated perpetual securities under its S$750 million Multicurrency Debt Issuance Programme. Oversea-Chinese Banking Corporation Limited acted as the sole lead manager and bookrunner for this issuance. The securities have received approval in-principle for listing on the Singapore Exchange, with trading expected to commence on March 19, 2025. This move is part of AIMS APAC REIT’s strategy to strengthen its financial position and enhance its capital structure, potentially impacting its market standing and offering new opportunities for investors.
More about AIMS APAC REIT
AIMS APAC REIT is a real estate investment trust based in Singapore, focused on investing in a diversified portfolio of income-producing real estate assets across the Asia-Pacific region. The company primarily deals with industrial, logistics, and business park properties, aiming to provide stable returns to its stakeholders.
YTD Price Performance: 2.44%
Average Trading Volume: 675,144
Current Market Cap: S$1.03B
Learn more about O5RU stock on TipRanks’ Stock Analysis page.