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SGX:J85

3 stories mentioning SGX:J85

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

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