CapitaLand Mall (SG:C38U) has released an update.
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CapitaLand Integrated Commercial Trust has utilized an additional S$19.5 million from its recent equity fund raising, which amassed approximately S$1.1 billion. The funds are being directed towards costs related to a proposed acquisition and associated expenses. This financial maneuver highlights CICT’s strategic allocation in enhancing its portfolio.
For further insights into SG:C38U stock, check out TipRanks’ Stock Analysis page.
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