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First Real Estate Investment ( (SG:AW9U) ) has shared an announcement.
First REIT Management Limited announced the approval of amendments to its trust deed, allowing for the repurchase and redemption of its units. This move, formalized through a ninth supplemental deed, aims to enhance the flexibility of managing the trust’s capital structure, potentially impacting its market operations and offering new opportunities for stakeholders.
More about First Real Estate Investment
First Real Estate Investment Trust (First REIT) is a Singapore-based company focused on healthcare-related real estate investments. It primarily invests in income-producing real estate used for healthcare and healthcare-related purposes in Asia.
Average Trading Volume: 3,662
Technical Sentiment Signal: Hold
Current Market Cap: $408.8M
Find detailed analytics on AW9U stock on TipRanks’ Stock Analysis page.