CDL Hospitality Trusts Issues Stapled Securities for Management Fee

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

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