CDL Hospitality Trusts posts strong Q2 results; DPS down
Singapore
A STELLAR performance of Grand Millennium Auckland and an inorganic contribution from The Lowry Hotel in Manchester, UK boosted CDL Hospitality Trusts' (CDLHT) results for its second quarter ended June 30, 2017.
Distribution per stapled security (DPS) for Q2 was 2.08 Singapore cents, down 3.7 per cent from the year-ago period's 2.16 Singapore cents. The group said this was due to its recent launch of a rights issue, where the new stapled securities will be listed on…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Adobe to bring full AI image generation to Photoshop this year
BOJ will hike rates if trend inflation accelerates, says Ueda
London stock market hits record high
Binance’s rivals muscle in on Bitcoin trading around the world
Malaysia to build region’s largest chip design park in bid for top startup-hub status
British retailer JD Sports to buy US rival Hibbett for US$1.08 billion