CapitaLand Integrated Commercial Trust Issues Units for Management Fee

CapitaLand Mall ( (SG:C38U) ) has provided an update.

CapitaLand Integrated Commercial Trust Management Limited announced the issuance of 15,636,808 units in CICT to Premier Healthcare Services International Pte Ltd as part of the management fee payment for 2024. This strategic move, involving both unit issuance and cash payment, reflects CICT’s operational approach to managing its investments and maintaining its market position.

More about CapitaLand Mall

CapitaLand Integrated Commercial Trust (CICT) is a major player in the real estate investment trust industry in Singapore. It focuses on managing a diverse portfolio of commercial properties, including retail and office spaces, aiming to provide stable returns to its investors.

YTD Price Performance: 13.04%

Average Trading Volume: 31,587

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.03B

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