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Far East H-Trust posts lower Q1 DPS of 1.3¢

FAR East Hospitality Trust (H-Trust) posted a distribution per stapled security (DPS) of 1.3 cents for the first quarter ended March 31, a 5.8 per cent decline from 1.38 cents a year ago.The decrease was due mainly to "softer performance of the hotels" and an enlarged stapled security base