January 31, 2017 / 6:57 AM / 3 years ago

BRIEF-Investec Australia Property Fund says to raise 1.5 bln rand via rights issue

Jan 31 (Reuters) - Investec Australia Property Fund :

* Intends to undertake partially underwritten rights offer to raise zar 1,530,000,000 through issue of 113,333,342 new units

* Rights offer units will be issued in ratio of 34.59683 new units for every 100 units held

* Issue at an issue price of zar 13.50 per rights offer unit Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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