tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mapletree Commercial Issues New Units for Management Fees

Mapletree Commercial Issues New Units for Management Fees

Mapletree Commercial (SG:N2IU) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Mapletree Pan Asia Commercial Trust (MPACT) has issued 2,988,067 new units to its manager, MPACT Management Ltd., as partial payment for management fees for the third quarter of 2024. The units were issued at S$1.4811 each, representing 40% of the fees, while the remainder was settled in cash. This move increases the manager’s total holdings to over 140 million units, amidst a total issuance of over 5.26 billion units.

For further insights into SG:N2IU stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1