Daiwa House Logistics Trust (SG:DHLU) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Daiwa House Logistics Trust has issued 476,778 new units to pay part of its base management fee for the period ending September 2024, at an issue price of S$0.6407 per unit. This issuance increases the total number of units to 698,430,425, with the sponsor, Daiwa House Industry Co., Ltd., holding a 13.20% stake. This strategic move aligns with the trust’s commitment to leveraging market dynamics effectively.
For further insights into SG:DHLU stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue