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A-HTrust Q2 distribution per unit: 1.41 cents

Higher tax costs hit distributable income

HIGHER-THAN-EXPECTED taxes caused second quarter distributable income at Ascendas Hospitality Trust (A-HTrust) to fall below its initial public offering (IPO) forecast.

For the three-months ended Sept 30, 2013, income available for distribution at the stapled group was $14.6 million, 2.1...