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Temasek's Placement of 264,093,753 Units In CapitaCommercial Trust Fully Taken Up

Temasek Holdings

 

Singapore

Temasek Holdings (Pte) Ltd (“Temasek”) is pleased to announce the completion of the placement of 264.09 million units in CapitaCommercial Trust (“CCT”), which comprised a Private Placement to overseas and local institutional investors, and an ATM offering to retail investors. Both the Private Placement and the ATM offering were well received.

A total of 239.05 million CCT units were placed out in the Private Placement to overseas and local institutional investors. Included in the list of investors were members of the DBS Group who collectively applied for 31 million units.

The ATM offering attracted the highest number of retail investors compared to similar recent offerings. 2,231 retail investors subscribed for 25.04 million CCT units worth S$37.6 million through the DBS/POSB Automated Teller Machines (“ATMs”).

Ms Eleana Tan, Managing Director of Finance at Temasek said: “We are pleased that the placement was fully subscribed. This placement has met our objective of improving the liquidity of CCT units and widening the investor base, which we believe will benefit all unit holders.”

 

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For media enquiries, please contact:

Rachel Lin
Associate Director, Corporate Communications
Temasek Holdings (Pte) Ltd
Tel: (65) 6828 6766
Mobile: (65) 96661855


Email: rachellin@temasek.com.sg
Website: www.temasek.com.sg
 

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