Mapletree Commercial (SG:N2IU) has released an update.
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Mapletree Pan Asia Commercial Trust has issued over 3.85 million new units to its manager, MPACT Management Ltd., as part of a 40% non-cash payment for management services rendered in Q2 2024. This strategic move increases the total outstanding units to over 5.26 billion, and reflects the company’s innovative approach to compensation, aligning manager interests with unit holders.
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