CapitaLand Mall (SG:C38U) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
CapitaLand Integrated Commercial Trust has announced the successful utilization of approximately 92.9% of the S$1.1 billion raised through equity fundraising. These funds have been primarily allocated to finance a proposed acquisition and its associated costs, reflecting CICT’s strategic investment plans. This move underscores the company’s active capital management efforts and potential growth trajectory in the real estate market.
For further insights into SG:C38U stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue