Commercial property developer Perennial Real Estate Holdings Limited (PREH) has listed its $280 million four-year retail bonds with a coupon rate of 4.55% per annum on the SGX Mainboard.
PREH has large-scale integrated developments in China, Singapore, Malaysia and Ghana. It owns a number of landmark properties in its portfolio, including two of the largest high-speed railway commercial hubs in China, and iconic properties in Singapore such as CHIJMES, Capitol Singapore and TripleOne Somerset.
Says Pua Seck Guan, CEO, “We would like to thank all the investors for the strong support for our retail bond offering. The oversubscription of both the Placement tranche and Public Offer tranche is testament to investors’ confidence in our company’s growth potential. This is being driven by the value creation opportunities from the integration of our real estate and healthcare businesses, and the recurring income growth as we scale our medical and healthcare-related business as an owner and operator in China.”
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PREH has large-scale integrated developments in China, Singapore, Malaysia and Ghana. It owns a number of landmark properties in its portfolio, including two of the largest high-speed railway commercial hubs in China, and iconic properties in Singapore such as CHIJMES, Capitol Singapore and TripleOne Somerset.
Says Pua Seck Guan, CEO, “We would like to thank all the investors for the strong support for our retail bond offering. The oversubscription of both the Placement tranche and Public Offer tranche is testament to investors’ confidence in our company’s growth potential. This is being driven by the value creation opportunities from the integration of our real estate and healthcare businesses, and the recurring income growth as we scale our medical and healthcare-related business as an owner and operator in China.”
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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