Accordia Golf Trust Q1 gain dives 75.4%; independent adviser approves proposed divestment
Unitholders to vote at EGM on divestment of trust's interests in all its golf courses
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Singapore
ACCORDIA Golf Trust's (AGT) Q1 net profit fell 75.4 per cent to 570 million yen (S$7.4 million) for the three months ended June 30, 2020, down from 2.32 billion yen a year ago.
Operating income fell 27.1 per cent to 10.65 billion yen, from 14.62 billion yen in Q1 FY19.
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