First Real Estate Investment Trust (SGX:AW9U) issued 2,550,741 units to its manager at SG$0.2608 each as 50% of the performance fee component of the manager's management fee for the April to June period.
The balance of performance fee component of SG$665,233 was paid in cash, a filing with the Singapore Exchange said on Friday.
Following the issuance, the manager holds an aggregate of 208,597,192 units that represent 9.99% of the total number of units.
First REIT shares were down 2% recently.
Price (SGD): S$0.25, Change: S$-0.01, Percent Change: -1.96%
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