CCT Q3 DPU up 2.9% to 2.10 Singapore cents

Singapore

CAPITACOMMERCIAL Trust's (CCT) distribution per unit (DPU) for the third quarter rose 2.9 per cent, from 2.04 to 2.10 Singapore cents, on the back of a 4.8 per cent jump in distributable income, from S$58.8 million to S$61.6 million.

This was computed on the assumption that none of the outstanding convertible bonds due 2015 or 2017 were converted into CCT units.