KIP REIT Sets Issue Price Of RM0.85 In Second Placement Tranche
KIP Real Estate Investment Trust (KIP REIT) has set the issue price for its second tranche placement at RM0.825 per unit, the Board of its Manager announced today.
The issue price reflects a discount of approximately 6.34% to the five-day volume weighted average price (VWAP) of RM0.8808, up to 29 September 2025, and a 5.04% discount to the adjusted VWAP of RM0.8688 after factoring in the advanced income distribution of 1.20 sen per unit for the period from 1 August to 30 September 2025.
The placement, which forms part of KIP REIT’s wider corporate exercises involving acquisitions and fund-raising, is aimed at strengthening its portfolio and capital position.
CIMB Investment Bank Berhad and UOB Kay Hian Securities (UOBKH) acted as the placement agents for this tranche.
This marks the latest development following a series of announcements made since April 2025 regarding the corporate exercises.
