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Ascott Residence ( (SG:HMN) ) has shared an update.
CapitaLand Ascott Trust Management Limited, managing CapitaLand Ascott Real Estate Investment Trust and CapitaLand Ascott Business Trust, announced a tax ruling related to their S$260 million 4.20% subordinated perpetual securities issued under their S$2 billion multicurrency debt issuance programme. This announcement highlights the company’s ongoing financial strategies and its impact on their investment portfolio, potentially influencing stakeholders and market positioning.
The most recent analyst rating on (SG:HMN) stock is a Buy with a S$1.56 price target. To see the full list of analyst forecasts on Ascott Residence stock, see the SG:HMN Stock Forecast page.
More about Ascott Residence
Ascott Residence operates within the real estate industry, focusing primarily on real estate investment trusts and business trusts. The company is involved in managing and developing properties, with a market focus on investment and business trust management under the laws of the Republic of Singapore.
Average Trading Volume: 8,412,207
Technical Sentiment Signal: Buy
Current Market Cap: S$3.62B
For detailed information about HMN stock, go to TipRanks’ Stock Analysis page.