Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
CDL Hospitality Trusts ( (SG:J85) ) has provided an update.
CDL Hospitality Trusts announced the issuance of 2,064,554 stapled securities as payment for 80% of the base management fees for the first quarter of 2025. This move reflects the company’s strategy to manage its financial obligations through equity, potentially impacting its market position by increasing the total number of stapled securities to 1,266,270,289.
More about CDL Hospitality Trusts
CDL Hospitality Trusts is a stapled group comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, both constituted under the laws of the Republic of Singapore. The company operates within 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.
YTD Price Performance: -1.48%
Average Trading Volume: 183
Technical Sentiment Signal: Buy
Current Market Cap: $758.1M
For an in-depth examination of J85 stock, go to TipRanks’ Stock Analysis page.