Frasers Centrepoint Trust (SGX:J69U) issued nearly 1.5 million units at SG$2.2590 apiece for the payment of base fee components of management fee to its manager, Frasers Centrepoint Asset Management, according to a Thursday filing with the Singapore Exchange.
The fee was for the period from April 1 to June 30.
Following the issuance, the manager now holds around 120.9 million units in the trust.