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.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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