CapitaLand Mall (SG:C38U) has released an update.
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CapitaLand Integrated Commercial Trust (CICT) has reported robust participation in its Preferential Offering, with received applications exceeding the available units by 30.5%. A total of 492,535,540 units were applied for, comprising 82% in valid acceptances and an additional 48.5% in excess applications. The unsubscribed balance will be allotted to meet the excess demand, prioritizing the rounding of odd lots.
For further insights into SG:C38U stock, check out TipRanks’ Stock Analysis page.