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NTT DC REIT Stabilisation Action Announced

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NTT DC REIT Stabilisation Action Announced

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NTT DC REIT ( (SG:NTDU) ) has issued an update.

NTT DC REIT, a real estate investment trust, is involved in the offering of units on the Singapore Exchange. Merrill Lynch (Singapore) Pte. Ltd., acting as the stabilising manager, announced the purchase of 10 million units in the open market at a price range of 0.950 to 0.970. This stabilisation action is part of the company’s strategy to support the offering and maintain market stability, potentially impacting investor confidence and market perception positively.

More about NTT DC REIT

Average Trading Volume: 35,148,887

Learn more about NTDU stock on TipRanks’ Stock Analysis page.

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