Daiwa House Logistics Trusts Issues New Units as Payment of Base Management Fee

MT Newswires

2024-11-29

Daiwa House Logistics Trust (SGX:DHLU) issued 476,778 new units to its manager, Daiwa House Asset Management Asia, at an issue price of SG$0.6407, according to a filing with the Singapore Exchange on Thursday.

The new units were issued as payment of part of the base fee for the period from July 1 till Sept. 30.

Following the issuance, the total number of units in issue is 698,430,425.

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