Australand raises A$461mil through share entitlement offer

Australand raises A$461mil through share entitlement offer
 
CapitaLand’s Australian unit AustraLand said today that it raised about A$461 million through a share entitlement offer
 
The Sydney-based company sold 769 million new stapled securities in a non-underwritten 1-for-1 offer at 60 Australian cents each.
 
In a filing with the Singapore Exchange, Australand said it sold the stock to recapitalize [...]

CapitaLand’s Australand unit suffers heavy share prices losses

CapitaLand’s Australand unit suffers heavy share prices losses
 
CapitaLand’s Australian unit Australand said it has raised 364 million Australian dollars from existing institutional shareholders.
 
In a filing with the Singapore Exchange, the firm said institutional shareholders were sold stocks at 60 Australian cents apiece.
 
It also plans to raise another 121.8 million Australian dollars from retail investors.
 
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CapitaLand subscribing to 54% of Australand’s rights issue

CapitaLand subscribing to 54% of Australand’s rights issue
CapitaLand said today that it is subscribing to about 54 percent of its Australian unit Australand’s one-for-one rights issue.
 
It will pay some 302 million Australian dollars, or about 392 million dollars for the purchase.
 
A majority shareholder of Australand, CapitaLand said its commitment to subscribe for its full [...]

Australand’s H1 profit falls 79%

Australand’s H1 profit falls 79%
Australia and Singapore-listed developer Australand Property Group today reported a 79 percent drop in fiscal first half profit.
 
In a filing with the Singapore Exchange, the Australian group said its net profit in the first half this year was 25.6 million Australian dollars.
 
It will pay a first half dividend of 8 [...]