Edition:
United States

Emira Property Fund (EMIJ.J)

EMIJ.J on Johannesburg Stock Exchange

1,480.00ZAc
11 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Transcend Residential Property Issues 7.3 Mln Shares To Emira Property Fund
Friday, 5 Oct 2018 01:05am EDT 

Oct 5 (Reuters) - Transcend Residential Property Fund Ltd ::GENERAL ISSUE OF SHARES FOR CASH, NOTIFICATION OF ACQUISITION OF A BENEFICIAL INTEREST AND RENEWAL OF CAUTIONARY.ISSUED 7.3 MILLION SHARES TO EMIRA PROPERTY FUND AT R6.29 PER SHARE.NO IMPACT ON FINANCIAL STATEMENTS OF CO AS A RESULT OF SUBSCRIPTION OTHER THAN ISSUE OF EQUITY FOR CASH.PROCEEDS OF SUBSCRIPTION TO BE USED FOR RECENTLY ANNOUNCED ACQUISITIONS OF COMPANY, REALIGNING CAPITAL STRUCTURE.SHAREHOLDERS ARE ADVISED TO CONTINUE TO EXERCISE CAUTION WHEN DEALING IN COMPANY'S SHARES.REMAINS ENGAGED IN TRANSACTION NEGOTIATIONS WHICH, IF CONCLUDED, MAY HAVE A MATERIAL EFFECT ON PRICE OF CO'S SHARES.  Full Article