Higher rental income from HK property lifts MNACT's Q2 payout
Add BT as a preferred sourceSingapore
HIGHER rental income from Festival Walk and higher average rates of the Hong Kong dollar and Japanese yen boosted Mapletree North Asia Commercial Trust's (MNACT) second quarter distribution per unit (DPU) to 1.937 Singapore cents, up from 1.926 cents it paid out a year ago.
This was partially offset by the lower average rate of the Chinese yuan against the Singapore dollar.
TRENDING NOW
Orchard plot, Jurong East EC, Raffles Town Club site among 10 new housing parcels in H2 GLS plan
Geopolitical risks must be considered before investing in tech: Temasek chairman Teo Chee Hean
Don’t just pump money – Temasek’s portfolio firms, markets must create inherent value: Teo Chee Hean
Indonesia’s commodity export shake-up sparks industry alarm, investor jitters
