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The latest update is out from Prime US REIT ( (SG:OXMU) ).
Prime US REIT has issued a Qualified Notice regarding the transfer of interests in the trust, certifying that it qualifies for an exception under U.S. Treasury regulations. This exception is applicable because the trust was not engaged in a trade or business within the United States during the specified taxable year. The notice impacts stakeholders by clarifying the tax implications for transfers of interests in the trust during the designated period.
The most recent analyst rating on (SG:OXMU) stock is a Buy with a $0.31 price target. To see the full list of analyst forecasts on Prime US REIT stock, see the SG:OXMU Stock Forecast page.
More about Prime US REIT
Prime US REIT is a real estate investment trust established under the laws of the Republic of Singapore. It is managed by Prime US REIT Management Pte. Ltd. and is publicly traded with a focus on real estate investments.
Average Trading Volume: 3,264,643
Technical Sentiment Signal: Buy
Current Market Cap: $261.7M
For a thorough assessment of OXMU stock, go to TipRanks’ Stock Analysis page.