Ascott Residence (SG:HMN) has released an update.
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CapitaLand Ascott Trust has announced a tax ruling related to its S$150 million 4.60% subordinated perpetual securities, issued under its S$2 billion multicurrency debt issuance program. This development could be of interest to investors focusing on real estate investment trusts (REITs) and business trusts, as it impacts the financial instruments connected to CapitaLand Ascott’s diverse property portfolio.
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