CapitaLand Integrated Commercial Trust said it obtained in-principle approval from Singapore Exchange Securities Trading Limited on Apr, 23 2026 to list and quote up to 326,087,000 new units arising from its private placement priced at 2.30 Singapore dollars per unit.
The approval is conditioned on several undertakings, including the manager’s compliance with SGX listing rules on the use of proceeds and placement restrictions, and confirmations that the new units will not be allotted to parties prohibited under Rule 812(1).
The new units were offered through a placement arranged by Citigroup Global Markets Singapore, DBS Bank, J.P. Morgan Securities Asia, Oversea-Chinese Banking Corporation and United Overseas Bank.