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New Century Real Estate Investment Trust Announces End Of Stabilization Period And Lapse Of Over-Allotment Option


Monday, 29 Jul 2013 08:08am EDT 

New Century Real Estate Investment Trust announced that the stabilization period in connection with the Global Offering ended on July 27, 2013, being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offering. The REIT Manager has been informed by the Stabilizing Manager that no stabilizing action was taken during the stabilization period. The REIT Manager has been informed that the Stabilizing Manager (on behalf of the International Underwriters) has not exercised the Over-allotment Option during the stabilization period and the Over-allotment Option lapsed on July 27, 2013. Further, the REIT Manager has been informed that the Stabilizing Manager (on behalf of the International Underwriters) has not exercised the Over-allotment Option during the stabilization period and the Over-allotment Option lapsed on 27 July 2013. 

Company Quote

3.45
0.01 +0.29%
17 Apr 2014