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SGX:J85

6 stories mentioning SGX:J85Updated 12h ago

Every FINWIRES story that references SGX:J85, newest first.

Asia

CDL Hospitality Trusts Issues 2.4 Million Staples Securities to Pay Management Fees

CDL Hospitality Trusts (SGX:J85) issued 2.4 million new stapled securities to pay 80% of the base management fees for the April-June quarter, according to a Thursday Singapore Exchange filing.The issuance comprised 2.08 million stapled securities to the manager of CDL Hospitality Real Estate Investment Trust, and 273,286 stapled securities to the trustee-manager of CDL Hospitality Business Trust, both at an issue price of SG$0.782 per security.Following the issuance, the total number of stapled securities in issue increased to 1.28 billion.

SGX:J85
Asia

CDL Hospitality Trusts DPS Rises 8.6% in H1

CDL Hospitality Trusts (SGX:J85) distribution per stapled security jumped 8.6% in the first half of the year to SG$0.0215 from SG$0.0198 a year earlier, according to a Thursday filing with the Singapore Exchange.Total distribution to stapled securityholders rose by 9.7% to SG$27.5 million from SG$25.1 million in the prior period.Net property income came in at SG$59.7 million from SG$58.6 million in the year-ago period.Revenue edged up 1.4% year over year to SG$126.9 million from SG$125.1 million.

SGX:J85
Asia

CDL Hospitality REIT Renews Master Leases on Four Singapore Hotels

CDL Hospitality REIT (SGX:J85) renewed the master lease agreements for four Singapore hotels, extending the leases by another 20 years, according to a Thursday bourse filing.The leases will expire on July 18, 2046, the filing added.

SGX:J85
Asia

CDL Hospitality Trusts Issues 2.3 Million Stapled Securities to Manager, Trustee-Manager

CDL Hospitality Trusts (SGX:J85) issued a total of 2,257,290 stapled securities to M&C REIT Management and M&C Business Trust Management at SG$0.8035 per stapled security, according to a Thursday filing with the Singapore Exchange.Nearly 2 million stapled securities were issued to M&C REIT Management and 262,136 to M&C Business Trust Management, each representing 80% of their respective base management fee for the first quarter.

SGX:J85
Asia

CDL Hospitality Trusts Net Property Income Rises 10% in Q1

CDL Hospitality Trusts' (SGX:J85) net property income rose 10% year over year to SG$33.1 million in the first quarter of the year from SG$30.0 million, according to a Thursday filing with the Singapore Exchange.Gross revenue rose by 5.9% to SG$67.1 million from SG$63.4 million a year earlier, backed by growth across several portfolio markets.Shares of the trust were down nearly 1% in Thursday trading.

SGX:J85
Asia

CDL Hospitality REIT Issues Stapled Securities as Payment of Management Fee

CDL Hospitality REIT (SGX:J85) issued 5.5 million stapled securities to its manager, H-REIT Manager and HBT Trustee-Manager as payment of management fee for 2025, according to a Friday filing with the Singapore Exchange.Nearly 5 million stapled securities were issued to the H-REIT Manager at SG$0.8199 per security as 80% payment of its performance fee for 2025.Meanwhile, 535,179 securities were issued to HBT Trustee-Manager at SG$0.8199 per security as payment of 80% of performance fee for 2025.

SGX:J85

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