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CDL Hospitality Trusts ( (SG:J85) ) has shared an announcement.
CDL Hospitality Trusts has successfully issued S$150 million in subordinated perpetual securities under its S$1.5 billion Multicurrency Debt Issuance Programme. These securities have been listed on the Singapore Exchange, marking a significant step in the company’s financial strategy, potentially enhancing its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (SG:J85) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on CDL Hospitality Trusts stock, see the SG:J85 Stock Forecast page.
More about CDL Hospitality Trusts
CDL Hospitality Trusts is a stapled group consisting of CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, both established under the laws of Singapore. The company operates in the real estate investment sector, focusing on hospitality assets, and is managed by M&C REIT Management Limited and M&C Business Trust Management Limited.
Average Trading Volume: 1,402,641
Technical Sentiment Signal: Sell
Current Market Cap: S$1.05B
Find detailed analytics on J85 stock on TipRanks’ Stock Analysis page.