CapitaLand India Trust Goes Digital with MAS Exemption

Capitaland India Trust (SG:CY6U) has released an update.

CapitaLand India Trust has been granted exemption by the Monetary Authority of Singapore from certain provisions of the Business Trusts Act, allowing them to distribute key financial documents to their unitholders electronically instead of in print media. The exemptions permit electronic dissemination via the Trust’s website and SGXNET, provided specific conditions are met. This move streamlines the delivery of important financial statements and distribution notices to unitholders, enhancing accessibility and efficiency.

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