---
title: "CLCT manager takes 2025 fees through Retail Crown vehicle"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279878860.md"
description: "CapitaLand China Trust (CLCT) has issued 16,247,383 new units to settle its management fees for 2025, including 6,783,704 units for the basic fee and 9,463,679 units for performance-related fees. The units were issued at S$0.7728 each to Retail Crown Pte Ltd, following a method established in 2006. This issuance increases the total number of CLCT units in the market to 1,757,150,191, with the trust manager holding 3,109,186 units directly."
datetime: "2026-03-20T03:00:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279878860.md)
  - [en](https://longbridge.com/en/news/279878860.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279878860.md)
---

# CLCT manager takes 2025 fees through Retail Crown vehicle

**The payout included 6,783,704 securities for the basic fee.**

CapitaLand China Trust (CLCT) has issued 16,247,383 new units to settle its management fees for the full year of 2025.

These units were issued today at a price of S$0.7728 per unit.

The total payment is split into two parts: 6,783,704 units for the basic management fee and 9,463,679 units for performance-related fees.

Instead of being held by the manager directly, these units have been issued to Retail Crown Pte Ltd.

The share price used for this payment was calculated by taking the average trading price on the Singapore Exchange over the last 10 business days of 2025.

This method of paying fees in units rather than cash was established when the trust was first launched in 2006.

Following this move, the total number of CLCT units currently in the market has risen to 1,757,150,191. The trust manager now directly holds 3,109,186 units.

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