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Ascott Residence ( (SG:HMN) ) has issued an announcement.
CapitaLand Ascott Trust has issued 1,179,514 stapled securities to its REIT Manager as payment for a divestment fee related to the sale of Citadines Central Shinjuku Tokyo. This issuance increases the total number of stapled securities, impacting the company’s financial structure and potentially influencing shareholder value.
The most recent analyst rating on (SG:HMN) stock is a Buy with a S$1.00 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
CapitaLand Ascott Trust is a real estate investment trust and business trust based in Singapore, focusing on managing and investing in properties, particularly in the hospitality sector.
Average Trading Volume: 10,016,293
Technical Sentiment Signal: Buy
Current Market Cap: S$3.58B
For a thorough assessment of HMN stock, go to TipRanks’ Stock Analysis page.