MacarthurCook decides timing wrong for share sale

01/18/2008 | Reuters

MacarthurCook Industrial REIT of Singapore will wait to post a $139 million share sale. "We have taken into consideration the current turmoil in the international capital markets in reaching the decision to postpone the proposed equity fundraising to preserve the value of unit holders' equity," said Chris Calvert, head of the REIT's manager.

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