CapitaLand Mall (SG:C38U) has released an update.
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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.
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