tiprankstipranks
Trending News
More News >

CapitaLand Ascott Trust Discloses Key Agreement Details

CapitaLand Ascott Trust Discloses Key Agreement Details

Ascott Residence (SG:HMN) has released an update.

Confident Investing Starts Here:

CapitaLand Ascott Trust Management Limited has announced a key disclosure under a facility agreement involving DBS Bank Ltd. The agreement contains a condition tied to the shareholding interests of the controlling shareholder and the potential change of the REIT Manager. As of now, there has been no breach of this condition, providing stability for investors in the real estate investment trust.

For further insights into SG:HMN stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App