CDL Hospitality Trusts announced on Apr, 30 2026 that it has issued 2,257,290 new stapled securities at 0.8035 Singapore dollars each, settling 80.0 percent of the base management fees for the period from Jan, 01 2026 to Mar, 31 2026.
Of the total, 1,995,154 stapled securities were allotted to the manager of CDL Hospitality Real Estate Investment Trust, while 262,136 units went to the trustee-manager of CDL Hospitality Business Trust.
The transaction is valued at approximately 1.8 million Singapore dollars. Following the issuance, CDL Hospitality Trusts has 1,280,754,572 stapled securities outstanding.
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