Frasers Logistics & Commercial Trust (SG:BUOU) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Frasers Logistics & Commercial Trust has issued 6,470,490 new units to pay management fees for the first quarter of 2024. This includes 5,261,682 units issued at S$1.0429 each to cover the REIT Manager Base Fee. The move forms part of the company’s payment strategy for fees owed to its REIT Manager and its wholly-owned subsidiaries.
For further insights into SG:BUOU stock, check out TipRanks’ Stock Analysis page.