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Keppel-KBS US Reit Q4 DPU falls below forecast after rights issue

Singapore

KEPPEL-KBS US Reit (KORE) has declared a fourth-quarter distribution per unit (DPU) of 1.25 US cents, 16.7 per cent lower than the forecasted 1.50 US cents due to dilution from a recent rights issue.

The rights issue partially funded the acquisition of the Westpark

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