Thai hospitality Reit to launch stock offering

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By Jonathan Breen
27 Nov 2018

Thailand’s Strategic Hospitality Extendable Freehold and Leasehold Reit is set to launch a Bt3.96bn ($120m) sale of new units next month.

The deal will comprise up to 415m units, equal to 116% of the total outstanding, half of which will be sold in a preferential offering. The stock will be up for grabs at Bt9.4-Bt9.55 a unit, giving the deal a size of Bt3.9bn-Bt3.96bn if the maximum number of ...

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