KIP-REIT new logo
PETALING JAYA: KIP Real Estate Investment Trust
(KIP-REIT) has completed the second tranche of its private placement exercise, comprising 37 million new units issued at RM0.825 per unit, raising gross proceeds of RM30.5mil.
KIP-REIT said this marks the full completion of the private placement of 160 million new units, which was approved by unitholders at an EGM on July 22.
