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MCT's Q2 distributable income up 25% on acquisition; DPU inches up

Published Wed, Oct 26, 2016 · 09:50 PM

Singapore

MAPLETREE Commercial Trust (MCT), which owns the mall VivoCity, on Wednesday posted a 1.5 per cent increase in distribution per unit (DPU) on an enlarged unit base from a placement funding an acquisition that boosted its earnings.

It posted a distribution per unit (DPU) of 2.05 Singapore cents for the second quarter ended Sept 30, 2016.

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Companies & Markets

Companies & Markets

MCT's Q2 distributable income up 25% on acquisition; DPU inches up

Companies & Markets

TikTok tells advertisers: ‘We are not backing down’

EV automakers get reprieve in US tax credit rules

Nomura, Mizuho face losses on All Blue fund’s failed trades

Stablecoin Tether steps up monitoring in bid to combat illicit finance

HSBC asked by US$890 billion investor group to set energy goal

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

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