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Metrics Master Income Trust ( (AU:MXT) ) has shared an update.
Metrics Master Income Trust, a part of Perpetual Limited, has clarified recent media reports regarding its investment exposure related to a real estate loan in Melbourne. The company announced it has successfully recovered the full amount owed from a defaulted loan without assuming control of a $750 million construction project. The governance process adhered to legal obligations, ensuring no impact on investors’ distributions and maintaining accurate asset valuations in their financial accounts.
More about Metrics Master Income Trust
YTD Price Performance: -1.90%
Average Trading Volume: 1,456,332
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of MXT stock, go to TipRanks’ Stock Analysis page.
