Capitaland India Trust (SG:CY6U) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CapitaLand India Trust has announced the issuance of 1,740,795 new units to its Trustee-Manager, CLINTMPL, as partial payment for the management base fee for Q1 2024. Half of the fee was covered by these new units, with the remaining 50% paid in cash, based on the average traded unit price on the Singapore Exchange. This financial maneuver increases the total number of issued units to 1,340,171,762 as of May 9, 2024.
For further insights into SG:CY6U stock, check out TipRanks’ Stock Analysis page.