WebDec 28, 2024 · First REIT has proposed to undertake a rights issue as the healthcare REIT faces a “significant refinancing hurdle” related to its short- and long-term financial … WebNov 10, 2010 · First REIT’s Short Operating Lease Explained Yesterday I updated that First REIT will be doing a 5 for 4 rights issue to fund the purchase of 2 indonesian hospitals. A concern on these 2 properties are that listed in the information is that the lease for these 2 properties for operation is for 15 years.
First Real Estate Investment Trust : Proposed Rights Issue
WebOct 1, 2024 · First REIT is therefore carrying out the Proposed Rights Issue for the purposes of, among others, repayment of part of the 2024 Secured Loan Facilities to … WebDec 28, 2024 · THE manager of First Real Estate Investment Trust (First Reit) has announced a proposed rights issue to raise gross proceeds of around S$158.2 … impact wrench sleeve
Vision Capital Corporation Issues Open Letter to IRES …
First REIT announces a massively dilutive rights issue at 98 rights units for 100 units (at $0.2 per unit) They also dropped a bombshell that the refinancing exercise is to avoid an imminent default of $196.6 million repayment obligation which matures on Mar 1, 2024 . See more First REIT is a Singapore listed REIT that owns hospitals in Indonesia. It’s sponsored by the Lippo group in Indonesia, which is owned by the Riady family. A brief … See more A lot to digest I know. But that’s what Financial Horse is here for right? There are 3 big things that you need to understand about the First REIT saga: 1. Pandemics are not … See more I’ve always viewed these kind of REITs (small cap with a weak sponsor) like Russian roulette. 5 times out of 6, nothing goes wrong with the … See more The Edgehas a pretty good take on what happened: When First REIT first listed, assets were sold into the REIT at what now appears to be inflated prices. In addition, rents were … See more WebJan 13, 2024 · An EGM will be held on 19 January 2024 to seek the passing of two resolutions – the restructuring of the MLAs and proposed rights issue. In my view, if either of the resolutions failed to be passed, investors should hope for the best but expect the worst for First Reit share price. list various component of jdk in java