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The latest announcement is out from CDL Hospitality Trusts ( (SG:J85) ).
CDL Hospitality Trusts announced the payment of base management fees through the issuance of stapled securities, totaling 2,037,326 units. This strategic move aligns with the trust deeds and reflects the market price, impacting the overall number of stapled securities, which now totals 1,258,894,644.
More about CDL Hospitality Trusts
CDL Hospitality Trusts is a stapled group comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust. It operates in the real estate sector, focusing on hospitality assets and is constituted under the laws of the Republic of Singapore.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $807.7M
For a thorough assessment of J85 stock, go to TipRanks’ Stock Analysis page.