MGCCT posts 9.5% rise in Q3 DPU
Strong results beat forecast by 17%, translate to an annualised yield of 6.5%
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?