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Suntec Real Estate Investment ( (SG:T82U) ) has provided an announcement.
Suntec Real Estate Investment Trust has announced a tax ruling regarding its S$250,000,000 fixed rate subordinated perpetual securities. The Inland Revenue Authority of Singapore has ruled that these securities qualify as debt securities, allowing holders to benefit from tax concessions under the Qualifying Debt Securities scheme, provided certain conditions are met. This ruling could enhance the attractiveness of these securities to investors by offering potential tax benefits.
The most recent analyst rating on (SG:T82U) stock is a Hold with a S$1.50 price target. To see the full list of analyst forecasts on Suntec Real Estate Investment stock, see the SG:T82U Stock Forecast page.
More about Suntec Real Estate Investment
Average Trading Volume: 7,748,101
Technical Sentiment Signal: Buy
Current Market Cap: S$3.95B
Learn more about T82U stock on TipRanks’ Stock Analysis page.