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Keppel DC REIT Secures Singapore Bourse's Nod for Nearly 298 Million Placement Units

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Keppel DC REIT (SGX:AJBU) said it has received in‑principle approval from the Singapore Exchange for the listing and quotation of 297.6 million new units on the Main Board, according to a Monday filing.

The units were issued under a SG$625 million private placement that recently closed, comprising about 297.6 million new units at SG$2.10 each.

The SGX-ST's approval in principle for the private placement is subject to various conditions.

Keppel DC REIT shares were down nearly 2% in late Tuesday trade.

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