Corporate digest
Sasseur Reit
SASSEUR Reit on Monday announced a distribution per unit (DPU) of 1.542 Singapore cents for the third quarter ended Sept 30, 4.5 per cent higher than the 1.476 cents forecast in its prospectus. Distributable income to unitholders of S$18.2 million was also 4.5 per cent higher than the S$17.4 million forecast. Net property income, listed as entrusted management agreements rental income, was S$29.08 million, 0.7 per cent higher than its S$28.87 million forecast.
Bumitama Agri
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Wall Street Journal moves Asia headquarters from Hong Kong to Singapore
Macquarie sees biggest profit dip in 15 years on commodities downturn
HSBC appoints ex-Citi banker as new Singapore head of global banking
H2G Green chief to stand trial on Aug 5 amid MOM probe
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Microsoft adds security chiefs to product groups in wake of hacking woes