Croesus Retail Trust: Internalisation of trustee-manager
- Proposes to bring management of trust “in-house”
- To acquire trustee-manager from Sponsor/Strategic Partners for $50m, partially funded by underwritten non-renounceable preferential offering
- 1% accretion to proforma FY15 DPU
- DBSV maintains BUY with TP of $0.90
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment