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CDL Hospitality Trusts ( (SG:J85) ) has shared an update.
CDL Hospitality Trusts announced the issuance of 5,311,091 stapled securities as payment for management fees to M&C REIT Management Limited and M&C Business Trust Management Limited. This issuance reflects the company’s strategy to compensate its managers with securities, aligning their interests with the trust’s performance and market valuation.
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 in the real estate investment sector, focusing on hospitality properties and services.
YTD Price Performance: -6.56%
Average Trading Volume: 183
Technical Sentiment Signal: Buy
Current Market Cap: $707.7M
Find detailed analytics on J85 stock on TipRanks’ Stock Analysis page.