CICT : CapLand IntCom Tr  - Rights issue offered price of 2.007 for every 1000 share you are alloted 56 share! I think TERP is about 2.09. I guess opening price is 2.07 to 2.08. Advance DPU of 2.11 to 2.21 cents. XD 10/9. DPU accretive is merely 0.9%. It looks like they are paying a hefty premium price. Lets see how market react tmr! The acquitted is funded by rights issue and loan. The Gearing increased to 39.9%. It seems like Capiland Investment made a very good divestment gains. Price went up 9 cents to close at 2.78. CapitaLand Integrated Commercial Trust's (CICT) manager announced on Sept 3 that it is proposing to acquire 50% of ION Orchard at an agreed property value of $1,848.5 million. CapitaLand Investment (CLI) will divest its 50% interest in ION Orchard to CICT. ION Orchard is currently held in a joint venture with Sun Hung Kai Properties holding the remaining 50%. The agreed property value is within the range of two independent valuations of ION Orchard,...