SUBSCRIBERS
MGCCT posts 9.5% rise in Q3 DPU
Strong results beat forecast by 17%, translate to an annualised yield of 6.5%
Published Tue, Jan 27, 2015 · 09:50 PM
Singapore
MAPLETREE Greater China Commercial Trust (MGCCT) posted a 9.5 per cent year-on-year rise in distribution per unit of 1.662 Singapore cents for its fiscal third quarter ended Dec 31, 2014, translating to an annualised yield of 6.5 per cent.
The Q3 DPU also beat the Reit manager's forecast by 17 per cent.
Cindy Chow, chi…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
GE Aerospace raises earnings goal on strong engine sales
BRC Asia to buy 19.9% of steel reinforcement company for S$16 million
Lockheed Martin reports higher sales on strong defence demand
UOI reports 67% surge in Q1 profit before tax to S$8 million, driven by favourable market conditions
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Apac Realty enters the Philippines with franchise agreement