Daiwa House Logistics Trust (SG:DHLU) has released an update.
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Daiwa House Logistics Trust has issued 579,054 new units at S$0.5891 each to its Manager, Daiwa House Asset Management Asia, as partial payment for the base management fee for Q1 2024. This transaction is in line with the terms of the trust deed and is based on the average unit price over the last ten trading days of the period. Following this issuance, Daiwa House Industry Co., Ltd.’s stake in the trust has risen to 13.02% of the total units.
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