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An update from CapitaLand China Trust ( (SG:AU8U) ) is now available.
CapitaLand China Trust Management Limited announced that HSBC Institutional Trust Services (Singapore) Limited, as trustee of CapitaLand China Trust, has entered into a facility agreement that includes a prepayment event clause. This clause could trigger cross defaults affecting approximately S$1.7 billion in borrowings if the trust ceases to be managed by its current manager or an approved successor. As of the announcement date, no prepayment event has occurred.
The most recent analyst rating on (SG:AU8U) stock is a Hold with a S$0.75 price target. To see the full list of analyst forecasts on CapitaLand China Trust stock, see the SG:AU8U Stock Forecast page.
More about CapitaLand China Trust
CapitaLand China Trust is a real estate investment trust (REIT) based in Singapore, primarily focused on investing in a diversified portfolio of income-producing real estate in China. The trust is managed by CapitaLand China Trust Management Limited and is part of the larger CapitaLand Investment Limited group.
Average Trading Volume: 2,605,210
Technical Sentiment Signal: Buy
Current Market Cap: S$1.37B
For a thorough assessment of AU8U stock, go to TipRanks’ Stock Analysis page.