Corporate digest

Ascendas India Trust

ASCENDAS India Trust, which owns six tech parks in India, said distribution per unit (DPU) for its second quarter ended Sept 30 was 1.37 Singapore cents, unchanged from a year ago.

Together with first quarter DPU of 1.36 cents, a total of 2.73 cents will be distributed for the half-year, with the business trust going ex-distribution on Nov 14. This was slightly below 2.74 cents a year ago. For the second quarter, distributable income was up one per cent to S$12.7 million. Net property income was up 6 per cent to S$25.1 million while total property income was up 2 per cent to S$37.1 million.