Sasseur Real Estate Investment Trust (SGX:CRPU) issued 4.7 million units at SG$0.6848 each to pay roughly SG$3.3 million in management fees for the period from July 1 to Dec. 31, 2024, according to a Thursday filing on the Singapore Exchange.
The manager elected to receive 80% of the base fee in units. Following the issuance, the manager holds 33.2 million units, representing 2.6% of total issued units, which now total 1.26 billion.
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