SUBSCRIBERS
Suntec Reit DPU drops 9.4% on enlarged unit base, lower capital distribution
Published Wed, Jan 22, 2020 · 09:50 PM
Singapore
SUNTEC Real Estate Investment Trust's distribution per unit (DPU) fell by 9.4 per cent to 2.347 Singapore cents for its fourth quarter ended Dec 31, from 2.59 cents a year ago.
This was mainly due to an enlarged unit base and lower capital distribution, the Reit manager said in a regulatory filing on Wednesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Wynn Resorts quarterly results beat estimates on strength in Macau business
Gold prices hold ground as traders eye US Fed cues
Amazon’s AWS puts another S$12 billion into its Singapore cloud infrastructure
UG Healthcare fully acquires German subsidiary for 16.9 million euros
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
Singapore shares dip at Wednesday’s open; STI down 0.4%