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Higher taxes, cash retention lower Starhill's Q4 DPU

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Starhill's revenue and earnings remained supported by resilient performance in Ngee Ann City's retail component.

Singapore

STRAIGHT-LINING rent adjustments, higher withholding taxes for Malaysia income and higher cash retention led Starhill Global Reit to report a lower distribution per unit (DPU) of 1.18 Singapore cents for its fourth quarter, less than the 1.29 Singapore cents that it paid out in

sentifi.com

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