Keppel REIT Issues New Units to Manager as Payment of Base Fee

MT Newswires

05/01

Keppel REIT (SGX:K71U) issued 9,890,735 units to its manager at SG$0.8572 per unit as payment of part of the base fee component of its management fee from Jan. 1 to March 31, a filing with the Singapore Exchange said on Wednesday.

The manager elected to receive 75% and 25% of the base component fee in form of units and cash respectively.

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