LWayne
2022-09-28

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ what is the reason to go through this name change and how would this affect the share price? Nothing fundamental has changed.

Ascendas REIT (A-REIT), Ascott Residence Trust (ART) and Ascendas India Trust (a-iTrust), which are all owned by CapitaLand Investment, have changed their names with effect from Sept 27.

A-REIT will now be known as CapitaLand Ascendas REIT (CLAR) with a new counter name, CapLand Ascendas REIT. The REIT's counter code of A17U remains unchanged.

Full report:

https://www.theedgesingapore.com/news/reits/ascott-residence-trust-and-ascendas-india-trust-undergo-name-changes

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Comments

  • Nana_seven
    2022-09-28
    Nana_seven
    I guess capitaland is a more wellknown brand than those individual name themseleves.
    • LWayne
      agree capitalandb is well known, ascendas also not far behind, so why change? combining in plan?
  • MSJYJ
    2022-09-29
    MSJYJ
    Good,  why change?
  • JJSIM
    2022-10-03
    JJSIM
    interesting
  • phng
    2022-09-30
    phng
    Good
  • YingDa
    2022-09-30
    YingDa
    ok
  • 许哲东
    2022-09-29
    许哲东
    okie
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