Reuters logo
BRIEF-Fairvest Property raises 190 mln rand via placing
November 7, 2016 / 10:48 AM / in a year

BRIEF-Fairvest Property raises 190 mln rand via placing

Nov 7 (Reuters) - Fairvest Property Holdings Ltd :

* On Thursday, Nov.3 2016 company successfully completed a private placement to raise 190 mln rand

* Proceeds of placement will be used to fund and/or to repay debt facilities used to fund acquisitions

* 190 mln rand was raised through placing of 111.76 million new shares at a price of 1.70 rand per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below