Singapore’s CapitaLand, Southeast Asia’s biggest developer, said on Friday that investor response has been good for the planned US$2 billion IPO of its shopping mall unit that will price next week.
‘We are very happy with the roadshow…The investor response has been good,’ CEO Liew Mun Leong told Reuters on the sidelines of an Apec summit of corporate and country leaders in Singapore.
Source : Business Times – 13 Nov 2009
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Posted in Developers
Tagged Capitaland, CapitaMalls Asia, Liew Mun Leong
Bukit Sembawang Estates Limited on Friday said the company and its units, Bukit Sembawang View Pte Ltd and Singapore United Estates (Pte) Ltd, have obtained 3-year syndicated credit facilities of up to S$700 million.
The facilities will be used to refund the group’s borrowings and general corporate and working capital needs.
OCBC and DBS Bank are the mandated lead arrangers and book runners.
The company added that Bukit Sembawang View has signed an 18-month bilateral facility for up to S$150 million with OCBC. This is to fund an ongoing development project.
Source : Business Times – 13 Nov 2009
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Posted in Developers
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