CDL Hospitality REIT Makes Payment of Base Management Fee

MT Newswires

2024/10/29

CDL Hospitality REIT (SGX:J85) issued 1,532,982 and 196,746 stapled securities to its manager and trustee respectively at an issue price of SG$0.9790 per security as payment of 80% of its base management fee, according to a filing with the Singapore Exchange on Tuesday.

Following the issuance of new stapled securities, the total number of securities in the issue is 1,256,857,318.

Price (SGD): S$18567.19, Change: S$+49, Percent Change: +0.26%

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