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CapitaLand India Trust Issues New Units for Fee Payment

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CapitaLand India Trust Issues New Units for Fee Payment

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Capitaland India Trust ( (SG:CY6U) ) has shared an announcement.

CapitaLand India Trust Management Pte. Ltd. announced the issuance of 5,714,408 new units in CapitaLand India Trust as partial payment of the Base Fee and Performance Fee accrued during specific periods in 2024. This issuance is in line with the Trust Deed, reflecting the company’s operational adherence to its financial obligations, potentially impacting its market positioning and stakeholder interests by maintaining a strong capital management strategy.

More about Capitaland India Trust

CapitaLand India Trust operates as a business trust under the Business Trusts Act 2004. It is managed by CapitaLand India Trust Management Pte. Ltd., focusing on investment and management within the real estate sector in India.

YTD Price Performance: -1.03%

Average Trading Volume: 25,644

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $1.03B

For a thorough assessment of CY6U stock, go to TipRanks’ Stock Analysis page.

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