CICT - CapLand IntCom Tr : Monday, she is going XD, price likely get corrected to 2.44 and below!
The price was being pushed up from 2.39 to 2.51 due to the new acquisition of Paragon Mall plus the Private Placement per unit at 2.30.
Those institutional investors can book a nice profit!
At 2.48, yield is about 4.4%.
Perhaps, 2.20 with an yield of 5% might be a good pivot point.
Pls dyodd.
Had French Toasts for breakfast.
I think is quite nice!
CapLand IntCom Tr - Private Placement of 2.292 for the raising of 600m to fund the acquisition of Paragon Mall at Orchard Road together with the sales proceeds from Asia Square Tower 2.
Advance DPU of between 3.93 to 4.03 cents.
XD 27 April 2026.
RATIONALE FOR THE PRIVATE PLACEMENT
The Manager believes that the Proposed Acquisition will bring the following benefits to the unitholders in CICT (the “Unitholders”):
(i) strategic acquisition of a rare, premier freehold integrated development with a sizable, upscale retail exposure and medical component;...