tiprankstipranks
Trending News
More News >

CapitaLand India Trust Issues New Units for Base Fee Payment

Story Highlights
CapitaLand India Trust Issues New Units for Base Fee Payment

Confident Investing Starts Here:

Capitaland India Trust ( (SG:CY6U) ) just unveiled an update.

CapitaLand India Trust Management Pte. Ltd., the Trustee-Manager of CapitaLand India Trust, announced the issuance of 2,279,757 new units to itself as part of the payment for the base fee for the first quarter of 2025. This issuance, which follows the stipulations of the Trust Deed, reflects the company’s operational strategy of balancing cash and unit payments, potentially impacting its liquidity and market positioning.

More about Capitaland India Trust

CapitaLand India Trust operates under the business trust model and is managed by CapitaLand India Trust Management Pte. Ltd. It is involved in the real estate sector, focusing on investment and management of income-generating properties in India.

Average Trading Volume: 3,440,772

Technical Sentiment Signal: Sell

Current Market Cap: S$1.32B

See more data about CY6U stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1