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DBS disposes of 54,600 units in CLINT for $61,152

Ashley Lo
Ashley Lo • 1 min read
DBS disposes of 54,600 units in CLINT for $61,152
Following the transaction, DBS’ stake in CLINT stood at 0.431%. Photo: CapitaLand India Trust
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DBS Bank has disposed of 54,000 units in CapitaLand India Trust (CLINT) for $61,152, or $1.13 per unit. 

The shares were disposed of via the market on Dec 5. 

Following the transaction, DBS’ stake in CLINT stood at 0.431%. 

For the 4QFY2024 ended September, CLINT reported a total property income of INR4.3 billion ($68.8 million), 14% higher y-o-y. This y-o-y growth was due to higher income from existing properties. 

Units in CLINT closed 1 cent higher, or up 0.926%, at $1.09 on Dec 11. 

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