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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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Published Fri, Oct 27, 2017 · 09:50 PM
    CDLHT

    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.

    cdl hospitality trusts

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