The Business Times
business-time-50

FHT's Q1 DPS gets a lift from Sofitel Sydney

DPS of 1.72 cents is a 7.5% rise from estimated DPS of 1.6 cents in same period last year

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jan 28, 2016 · 09:50 PM

    Singapore

    FRASERS Hospitality Trust (FHT) reported a distribution per stapled security (DPS) of 1.72 cents for the first quarter ended Dec 31, 2015, bolstered by full contribution from Sofitel Sydney Wentworth which was acquired in July 2015.

    This represented a 7.5 per cent increase from an estimated DPS of 1.6 cents for the same period last year based on a pro-rata basis for comparative purpose. FHT had reported its financials for an actual 171-day period from July 14 to Dec 31, 2014.

    TRENDING NOW

    Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

    What makes a good job? Feeling that you matter

    Acting Minister-in-charge of Muslim Affairs Faishal Ibrahim resigned from political office on Jul 20.

    Faishal Ibrahim resigns over online messages with a female member of the public

    Alibaba’s Qwen alone has overtaken Meta’s Llama to become the most downloaded open-source model family in history.

    When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry

    CapitaLand Integrated Commercial Trust is spending S$160 million to revamp Plaza Singapura and The Atrium@Orchard.

    Retail resets: Mall owners reposition shopping centres as Singapore’s consumer landscape evolves

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More