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Cache Logistics Trust's Q3 DPU down 13.7% to 1.85 cents

Dent in payout due to the absence of capital proceeds which were distributed in Q3 FY15

Published Fri, Oct 21, 2016 · 09:50 PM

Singapore

CACHE Logistics Trust's third quarter distribution per unit (DPU) shrank to 1.847 Singapore cents from 2.14 Singapore cents in the previous year, the group said in a Singapore Exchange filing on Friday evening.

The dent in performance was due to the absence of capital proceeds distributed in the third quarter of FY16. In Q3 FY15, S$1.5 million was distributed from the sales proceeds from the disposal of Kim Heng warehouse.

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