Suntec REIT (SGX:T82U) will fully redeem its SG$150.0 million worth of fixed-rate subordinated perpetual bonds on June 15, according to a Thursday filing with the Singapore Exchange.
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Aspial Lifestyle Launches SG$85 Million Preferential Offering
Aspial Lifestyle's (SGX:5UF) preferential offering opened on Thursday, seeking to secure gross proceeds of about SG$84.8 million, according to a same-day filing with the Singapore Exchange.The company has started dispatching the official instruction booklet and acceptance forms to eligible shareholders.The deadline to accept provisional allotments or apply for excess preferential shares is on June 8.The newly issued preferential offering shares are expected to be credited to accounts on June 16.
$SGX:5UF
Asia
Daewon to Retire KRW1 Billion Worth of Treasury Shares
Daewon (KOSDAQ:007680) plans to retire 223,736 treasury shares, valued at 1 billion won.The shares will be retired on June 11 at a par value of 500 won apiece, according to a Thursday filing from the South Korean firm on the Korea Exchange.Shares of Daewon, which primarily engages in real estate development, residential construction, and textile manufacturing, fell nearly 1% in recent trade.
$KOSDAQ:007680
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Koh Brothers Eco Engineering Proposes Main Board Transfer; Shares Zoom 28%
Koh Brothers Eco Engineering (SGX:5HV) has submitted an application to the SGX-ST to transfer to the main board, according to a Thursday Singapore bourse filing.The proposed transfer is part of the company's strategy to reflect its stage of development and future growth trajectory.Listing on the main board will allow the engineering company greater visibility and opportunities for further fundraising, the filing said.Shares of the company surged over 28% in Thursday trading.
$SGX:5HV