CDLHT's DPS down 3% in Q3 due to effect of rights issue
NPI up 15.9% thanks to inorganic contribution from Manchester, Munich and NZ hotels
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Singapore
CDL Hospitality Trusts posted on Friday a lower distribution per stapled security (DPS) for the third quarter, due to the effect of a rights issue that was completed in August.
For the three months ended September 30, 2017, DPS stood at 2.29 cents, down from 2.36 cents the year before.
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