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Sasseur REIT Trustee-manager's Stake Drops After Sale of 3 Million Units

Singapore Business Review ·  Sep 26 00:08

It disposed of its units for $1.98m.

Sasseur Asset Management, the trustee-manager of Sasseur REIT, has divested 3 million units from the REIT through a married deal.

It disposed of its units for $1.98m.

Post divestment, the trustee-manger's stake in the REIT declined from 2.753% to 2.513%.

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