News: PWG Primewest Group Launches $55 Mln Placement

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    Jan 28 (Reuters) - Primewest Group Ltd (PWG) :

    • LAUNCHES $55 MILLION PLACEMENT
    • AUM INCREASED TO $4.9 BILLION AS AT 31 DECEMBER 2020
    • PROVIDES FY21 DISTRIBUTION GUIDANCE OF 5.0 CENTS PER SECURITY
    • TARGETING TO SECURE $150 MILLION IN ASSETS IN NEXT 12 MONTHS FOR PRIMEWEST PROPERTY INCOME FUND
    • NEW SECURITIES WILL BE OFFERED AT AN ISSUE PRICE OF $1.27 PER SECURITY
 
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