Fairvest Property Holdings on capital raise drive

Posted On Thursday, 16 April 2015 10:36 Published by
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Fairvest Property Holdings plans to raise approximately R135 million through the issue of new linked units to repay debt facilities used to fund acquisitions.

 

Darren Wilder

The company will consider applications to acquire new shares pursuant to the placement at pricing of not less than 191 cents per linked unit. Fairvest has received commitments for the major part of the placement. The placement is on offer to qualifying investors only and does not constitute, nor is intended to constitute, an offer to the public to purchase or subscribe for any linked units

 

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