Dematerialization requirement: SM REIT units and SPV investments must be held and issued only in dematerialized form. The regulation mandates that an SM REIT must issue all scheme units exclusively in dematerialized form and requires that the scheme's investments in ... Summary
Dematerialization requirement: SM REIT units and SPV investments must be held and issued only in dematerialized form.
The regulation mandates that an SM REIT must issue all scheme units exclusively in dematerialized form and requires that the scheme's investments in SPV(s) be held in dematerialized form, establishing an electronic custody and transfer framework for both unit issuance and SPV holdings.
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