OUE REIT Issues 7.1 Million Units to Manager

MT Newswires

01/29

OUE REIT (SGX:TS0U) issued 7,114,108 units to its manager, OUE REIT Management, at SG$0.2779 apiece as payment of 50% of the base fee for the fourth quarter of 2024.

The units will be issued directly to OUE (SGX:LJ3) since the manager has agreed to sell all units to OUE, according to a Tuesday filing with the Singapore Exchange.

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