Stoneweg European REIT (SGX:CWBU) secured approval from its unit holders for the proposed stapling, which will result in the formation of Stoneweg European Stapled Trust, a filing with the Singapore Exchange said on Thursday.
The trust will comprise Stoneweg European REIT and Stoneweg European Business Trust. The proposal received 99.77% of the total votes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.