CLCT manager takes 2025 fees through Retail Crown vehicle
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CapitaLand China Trust (CLCT) has issued 16,247,383 new units to settle its management fees for 2025, including 6,783,704 units for the basic fee and 9,463,679 units for performance-related fees. The units were issued at S$0.7728 each to Retail Crown Pte Ltd, following a method established in 2006. This issuance increases the total number of CLCT units in the market to 1,757,150,191, with the trust manager holding 3,109,186 units directly.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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