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CapitaLand Ascott Trust Issues Stapled Securities for Fee Payment

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CapitaLand Ascott Trust Issues Stapled Securities for Fee Payment

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Ascott Residence ( (SG:HMN) ) just unveiled an announcement.

CapitaLand Ascott Trust has announced the issuance of 5,008,177 stapled securities as partial payment of management fees for the period from July 1, 2025, to September 30, 2025. These securities were issued to Somerset Capital Pte Ltd, a subsidiary of CapitaLand Investment Limited, reflecting a strategic move to manage financial obligations and maintain liquidity within the trust.

The most recent analyst rating on (SG:HMN) stock is a Buy with a S$1.56 price target. To see the full list of analyst forecasts on Ascott Residence stock, see the SG:HMN Stock Forecast page.

More about Ascott Residence

CapitaLand Ascott Trust is a real estate investment trust and business trust group based in Singapore, managed by CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd. The company focuses on real estate investments and management, particularly in the hospitality sector.

Average Trading Volume: 8,811,091

Technical Sentiment Signal: Buy

Current Market Cap: S$3.58B

See more data about HMN stock on TipRanks’ Stock Analysis page.

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