Shopping Centres Australasia Property Group Updates on DRP Price

  • Jan 18, 2020 AEDT
  • Team Kalkine


Shopping Centres Australasia Property Group (ASX:SCP) has announced the issue price of stapled units under the Distribution Reinvestment Plan.

  • The issue price for the DRP is $2.71 per unit.
  • An underwriting agreement with Moelis Australia Advisory was executed to underwrite 40 per cent of total distribution amount.
  • $27.95 million would be raised as a part of the DRP.
  • The payment date for the distribution is 29 January 2020.




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