Merrill Lynch (Singapore) Ceases Price Stabilization for NTT DC REIT; Shares Down Over 1%

MT Newswires07-25

Merrill Lynch (Singapore) (SGX:NTDU) ceased the price stabilization action for NTT DC REIT (SGX:NTDU) after purchasing 51,474,000 units in the REIT, according to a Thursday filing with the Singapore Exchange.

Shares of the REIT were down over 1% in recent trading.

The activity was ended of the total number of units which were over-allotted in connection with the offering was fully covered by the purchases made under the price stabilizing action.

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