Johannesburg - Vukile Property Fund [JSE:VKE] is planning to raise R250m through the issue of new linked units for cash‚ the company said on Tuesday.
The equity raise will be offered to selected investors through an accelerated book-build process and is subject to a minimum application of R1m per investor‚ it said.
The accelerated book build is now open to public-linked unitholders as defined in the JSE listings requirements‚ the company said.
Java Capital is acting as sole bookrunner.
The equity raise will be offered to selected investors through an accelerated book-build process and is subject to a minimum application of R1m per investor‚ it said.
The accelerated book build is now open to public-linked unitholders as defined in the JSE listings requirements‚ the company said.
Java Capital is acting as sole bookrunner.