In connection with the DRP, the manager has also announced that it has entered into a seventh supplemental deed on the same day with the REIT’s trustee, HSBC Institutional Trust Services.
Starhill Global REIT will now allow its unitholders to receive new units in lieu of all or a part of the cash amount of any distribution as part of its distribution reinvestment plan (DRP).
The DRP was established on Oct 28. It has been approved by unitholders at the annual general meeting (AGM) held on the same day.
