CapitaLand Integrated Commercial Trust Raises Stake in CapitaLand Integrated Commercial Trust
MT Newswires09-14 12:50
CapitaLand Integrated Commercial Trust Management increased its direct stake in CapitaLand Integrated Commercial Trust (SGX:C38U) to 1.18% from 0.94% after the issuance of 19.6 million units.
The units, comprising 16.5 million acquisition-fee units and 3.1 million management-fee units, were issued at SG$2.36 each, according to a Monday filing with the Singaporean bourse.
The company subsequently sold the 3.1 million management-fee units to related corporation, Premier Healthcare Services International, reducing its direct interest to 1.14%, or 91.2 million units.
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