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
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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