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BRIEF-Fairvest Property says raises 100 mln rand through placing
October 15, 2015 / 3:05 PM / 2 years ago

BRIEF-Fairvest Property says raises 100 mln rand through placing

Oct 15 (Reuters) - Fairvest Property Holdings Ltd :

* Successfully raised 100 million rand through placement of 58.8 million shares at a price of 1.70 rand per share

* Monies raised will be utilised by Fairvest to partially fund its recent acquisition of Middestad Centre and Mega Park in Bloemfontein Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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