Starhill Global Real Estate Investment (SG:P40U) has released an update.
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Starhill Global Real Estate Investment Trust has issued 1,498,709 new units to YTL Starhill Global REIT Management Limited as partial payment of its management fee, with each unit priced at S$0.5182. This issuance brings the total number of units to over 2.29 billion, with the manager holding approximately 2.88% of the total. The strategic move highlights the trust’s flexible fee payment approach, potentially influencing investor sentiment.
For further insights into SG:P40U stock, check out TipRanks’ Stock Analysis page.
