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Parkway Life REIT Amends Trust Deed Following AGM Approval

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Parkway Life REIT Amends Trust Deed Following AGM Approval

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Parkway Life Real Estate Investment ( (SG:C2PU) ) has provided an announcement.

Parkway Life REIT has announced the approval of an extraordinary resolution at its annual general meeting, leading to an amendment of its trust deed. The amendment, formalized through a seventh supplemental deed with HSBC Institutional Trust Services, changes the definition of ‘Distribution Date,’ potentially impacting the timing and management of distributions to unitholders.

More about Parkway Life Real Estate Investment

Parkway Life Real Estate Investment Trust (Parkway Life REIT) is a Singapore-based company that operates in the real estate investment sector. It focuses primarily on healthcare-related properties, providing stable income streams through its investments in hospitals and nursing homes across Asia.

YTD Price Performance: 22.61%

Average Trading Volume: 3,636

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.08B

For an in-depth examination of C2PU stock, go to TipRanks’ Stock Analysis page.

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