Following the purchase, Goh has $250,000 worth of debentures held in CLAS.
DBS Trustee, the trustee of the REIT, issued $150 million worth of subordinated perps on Aug 7 under the REIT’s $2 billion multicurrency debt issuance programme. The perps carried a coupon rate of 4.6% per annum. They were listed and quoted on the Singapore ExchangeSecurities Trading Limited (SGX-ST) on Aug 8.
Units in CLAS closed 0.5 cents higher or 0.55% up at 91.5 cents on Sept 2.