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$CapLand Ascott T (HMN.SG)$ Only 64.7% of the total number o...

Only 64.7% of the total number of units offered under the preferential offering were subscribed for.😱😱😱
The joint lead managers, bookrunners and underwriters Citigroup, DBS and UOB have agreed to subscribe for the remaining units that were not subscribed for.
This means that if the bookrunners dump the shares.... CapLand Ascott will face another round of selling pressure.
Resistance: 1.025
Coffee ranges 1.01-1.015
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