The manager of Elite UK REIT (SGX:MENU
) announced that its Singapore dollar-denominated units has been included under the Central Provident Fund Board’s CPFIS – Ordinary Account with effect from June 9.
Investors may now utilise their Central Provident Fund (CPF) savings in their CPF ordinary accounts to acquire units in the REIT.
The units purchased using CPF savings may only be sold via trading on SGX, and any form of sales proceed will be credited back to their respective ordinary accounts.
As at 9.05am, Elite UK REIT’s Singapore dollar-denominated units were unchanged at 58 cents.
