A-Reit issuing new units to raise $302m
ASCENDAS Real Estate Investment Trust (A-Reit) is looking to raise at least $301.6 million through a private placement of new units - just months after a $408 million cash call in January.
Keppel O&M bags contracts worth $85m
KEPPEL Group's offshore unit Keppel Offshore and Marine (O&M) yesterday announced various contracts won by the group worldwide, worth a total of $85 million. They include Keppel Shipyard's third floating storage and re-gasification unit (FSRU) conversion job for repeat customer Golar LNG and the refurbishment and life extension of a floating production storage offloading (FPSO) vessel for Premuda Group unit Four Vanguard.
Source: Kim Eng
Wednesday, August 12, 2009
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