InvestSMART

Charter Hall enters trading halt

Trust requests halt to conduct bookbuild for institutional capital raising.
By · 22 Nov 2013
By ·
22 Nov 2013
comments Comments
Upsell Banner

Shares in Charter Hall Retail REIT will be placed in trading halt at the trust's request, pending the release of an announcement about the outcome of a proposed capital raising.

In a statement to the Australian Securities Exchange, Charter Hall said it expects the capital raising to take the form of an institutional placement.

The trust said the halt was necessary to allow the bookbuild to be conducted.

The ASX said the shares will remain in trading halt until the start of trade on November 26 or when the announcement is released.

Share this article and show your support
Free Membership
Free Membership
Staff Reporter
Staff Reporter
Keep on reading more articles from Staff Reporter. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.