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PR Newswire
15-09-2013, 11:00 PM
Avoid reit which sponsor only want to own small stake , this is a obvious sign that they are more interested in making all sort of fees , and don't mind their holding get diluted.
Francis Yeoh of Starhill global reit told all unitholders who attended the last AGM that YTL always want to own a bigger stake in the reits that they own and will never resort to private placement, because they don't want their holding get diluted, they will always go for right issues, most who attended the AGM applauded on this.
Private placement at a discount to institutions who never own the reit before is never fair to the existing unitholders.
Francis Yeoh of Starhill global reit told all unitholders who attended the last AGM that YTL always want to own a bigger stake in the reits that they own and will never resort to private placement, because they don't want their holding get diluted, they will always go for right issues, most who attended the AGM applauded on this.
Private placement at a discount to institutions who never own the reit before is never fair to the existing unitholders.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.