Frasers Logistics & Industrial Trust posts above-forecast Q1 DPU of 1.74 cents
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Singapore
THE manager of newly listed Frasers Logistics & Industrial Trust announced an above-forecast distribution per unit (DPU) of 1.74 Singapore cents for the first quarter ended Dec 31, 2016, as interest rates fell below forecast.
This is above a forecast of 1.64 cents, said the manager in a release on Friday night in its financial results for the second reporting period. The trust was listed on the mainboard of Singapore Exchange in June last year.
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