CICT – Capeland Intcom Tr: Monday, she is going XD, the price is likely to fall to 2.44 and below
CICT – Capeland Intercom Tr: Monday, she is going XD, the price is likely to fall to 2.44 and below! The price was being increased from 2.39 to 2.51 due to the new acquisition of Paragon Mall and private placement per unit at 2.30. Those institutional investors can book good profits! At 2.48, the yield is about 4.4%. Perhaps, 2.20 with a yield of 5% could be a good pivot point. Diode please. Ate French toast for breakfast. I think that’s pretty cool! Capland Intcom TR – Private placement of Rs 2.292 to raise Rs 600m for the acquisition of Paragon Mall on Orchard Road with sale proceeds from Asia Square Tower 2. Advance DPU 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 unitholders in CICT (“Unitholders”): (i) the strategic acquisition of a rare, prime freehold integrated development with a large, high-end retail display and medical component;…
