Parkway Life Real Estate Investment (SG:C2PU) has released an update.
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Parkway Life Real Estate Investment Trust has successfully issued 47,369,000 new units through a private placement, raising significant capital with each unit priced at S$3.80. The total number of units now stands at 652,371,386, and these new units will begin trading on the Singapore Exchange’s Main Board. This strategic move is expected to enhance Parkway Life’s investment potential in the real estate market.
For further insights into SG:C2PU stock, check out TipRanks’ Stock Analysis page.