Keppel DC REIT (SG:AJBU) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Keppel DC REIT has announced the use of approximately S$26.9 million from its recent private placement and preferential offering. The funds are being reallocated to finance the Proposed Shares and Notes Transactions, with a total of S$971.6 million earmarked for this purpose. This strategic move highlights Keppel DC REIT’s focus on enhancing its financial flexibility and growth potential.
For further insights into SG:AJBU stock, check out TipRanks’ Stock Analysis page.