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FCOT posts jump in Q1 DPU to 2.05 cents

Published Wed, Jan 22, 2014 · 10:00 PM

FRASERS Commercial Trust (FCOT) posted a distribution per unit (DPU) of 2.05 cents for the first quarter ended Dec 31, 2013, up from 1.58 cents a year earlier.

The jump in DPU was a result of the improved performances of its properties in Singapore, lower interest costs and and savings in distribution for the Series A Convertible Per…

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