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Frasers Hospitality Trust DPS falls 9.4% for Q4 to 1.19 cents
Published Fri, Oct 28, 2016 · 09:50 PM
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Singapore
HOTELS and serviced residences owner Frasers Hospitality Trust on Friday posted a 9.4 per cent fall in distributable per stapled security (DPS) to 1.19 Singapore cents for the fourth quarter ended Sept 30, down from 1.31 cents a year ago.
This took into account the effect of a S$266.3 million rights issue to strengthen its balance sheet…
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