-- 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.