CMT's Q3 net property income slips; DPU up 9.6%
Singapore
SLOWING rental reversions and a recent minor run-up in price for CapitaLand Mall Trust (CMT) may have been on investors' minds on Thursday even as the trust posted a higher third-quarter distribution per unit (DPU).
After having climbed steadily over the past few weeks from around S$1.90 at the end of September to S$2.05 on Wednesday, CMT units slipped two Singapore cents to S$2.03 on Thursday after reporting its results before the market's o…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Micron poised to get over US$6 billion in chips grants in announcement next week
Gold gains as Middle East tensions lift safe-haven appeal
New Cadence supercomputers aim to speed creation of chips, software
Singapore shares climb at Thursday’s open; STI up 0.3%
China education firms learn tough lessons overseas
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income for Q1