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The latest announcement is out from Ascott Residence ( (SG:HMN) ).
CapitaLand Ascott Trust has announced the issuance of 5,364,200 stapled securities as partial payment of management fees for the period from April to June 2025. These securities were issued to Somerset Capital Pte Ltd, a subsidiary of CapitaLand Investment Limited, as part of a strategic move to manage fees through equity rather than cash, potentially impacting the trust’s liquidity and stakeholder interests.
The most recent analyst rating on (SG:HMN) stock is a Buy with a S$1.13 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 operates within the real estate investment sector, focusing on managing a portfolio of hospitality properties. It is managed by CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd., both based in Singapore.
Average Trading Volume: 5,821,576
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$3.36B
For an in-depth examination of HMN stock, go to TipRanks’ Overview page.