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The latest update is out from Ascott Residence ( (SG:HMN) ).
CapitaLand Ascott Trust has announced the issuance of 5,182,200 stapled securities as payment for management fees for the period from January 1, 2025, to March 31, 2025. The issuance is directed to Somerset Capital Pte Ltd, a subsidiary of CapitaLand Investment Limited, as part of a strategic move to manage financial operations efficiently, potentially impacting the trust’s financial structure and stakeholder interests.
More about Ascott Residence
CapitaLand Ascott Trust is a real estate investment trust and business trust group based in Singapore, managed by CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd. The company focuses on managing real estate investments and business trusts, providing services related to property management and investment in the hospitality sector.
Average Trading Volume: 5,886,647
Technical Sentiment Signal: Sell
Current Market Cap: S$3.26B
See more data about HMN stock on TipRanks’ Stock Analysis page.