SCA Property Group has placed its shares in a trading halt as it prepares to raise capital to purchase a portfolio of three shopping centres.
In a statement to the ASX, SCA said the proposed raising would be for a material amount relative to the group's market capitalisation.
The trading halt has been requested to last until the commencement of trade on Friday June 12.
SCA Property Group last traded at $2.130.
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Property group in trading halt ahead of capital raising to buy portfolio of 3 shopping centres.
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