UI Boustead REIT issues 1,358,252 units to pay 80% of manager's quarterly base fee
Bitget2026/10/28 09:48- UI Boustead REIT issued 1,358,252 new units to its manager, UIB REIT Management, on October 28, 2026.
- The units cover 80% of the manager's base fee for July 1 to September 30, 2026.
- The issue price was S$ 0.8201 per unit, based on the preceding quarter-end's 10-business-day volume-weighted average traded price.
- Total units outstanding reached 1,368,908,143 following the issuance.
- The manager's holding rose to 3,035,343 units, representing approximately 0.22% of outstanding units.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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