CapitaLand Integrated Commercial Trust Issues Units for Management Fee Payment

CapitaLand Mall ( (SG:C38U) ) has issued an announcement.

CapitaLand Integrated Commercial Trust has issued 3,044,633 units at S$2.1016 per unit to Premier Healthcare Services International Pte Ltd as part of the payment for the management fee for the first quarter of 2025. This issuance represents 50% of the base component of the management fee, with the remaining 50% to be paid in cash, increasing the total units in issue to over 7.3 billion. This move reflects CICT’s strategy to manage its financial obligations while maintaining its operational efficiency.

The most recent analyst rating on (SG:C38U) stock is a Buy with a S$2.45 price target. To see the full list of analyst forecasts on CapitaLand Mall stock, see the SG:C38U Stock Forecast page.

More about CapitaLand Mall

CapitaLand Integrated Commercial Trust (CICT) is a prominent player in the real estate investment trust industry in Singapore, focusing on the management and investment of commercial properties. It operates under a trust deed and is managed by CapitaLand Integrated Commercial Trust Management Limited.

Average Trading Volume: 29,746,077

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$14.99B

For detailed information about C38U stock, go to TipRanks’ Stock Analysis page.