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.