13 June 2016

CDL Hospitality Trusts Changed Management Company

Today I tried to search for CDL Hospitality Trusts at SGX website but I could not find, after that I went to their website and saw this announcement that they have strike off the company, if you look at the first link, the reit is now managed by a different company:
"CDL Hospitality Real Estate Investment Trust is managed by M&C REIT Management Limited, an indirect wholly owned subsidiary of Millennium & Copthorne Hotels plc."
So if you go under Company Information > Company Announcements at SGX website, you can find CDL Hospitality Trusts under M&C:

Apparently it's just a change of management company, didn't seem to affect the share price at all.

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