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Prime US REIT ( (SG:OXMU) ) has provided an announcement.
Prime US REIT has been removed from the mandatory quarterly reporting list by the Singapore Exchange due to an unmodified and unqualified audit opinion on its financial statements for the year ending December 2024. This change follows the completion of a US$550 million credit facility, improving the REIT’s financial position and removing previous concerns about its ability to continue as a going concern.
More about Prime US REIT
Prime US REIT is a real estate investment trust established under the laws of Singapore, managed by Prime US REIT Management Pte. Ltd. The company focuses on real estate investments, primarily in the United States, and is listed on the Singapore Exchange Securities Trading Limited (SGX-ST).
YTD Price Performance: -30.59%
Average Trading Volume: 4,273,786
Technical Sentiment Signal: Strong Buy
Current Market Cap: $151.8M
For detailed information about OXMU stock, go to TipRanks’ Stock Analysis page.