MLT posts 7% fall in Q4 DPU; eyes up to S$300 million in asset sales
China assets earmarked for sale are to be offloaded into a planned renminbi fund
Add BT as a preferred source
[SINGAPORE] The manager of Mapletree Logistics Trust (MLT) on Thursday (Apr 30) posted a distribution per unit (DPU) of S$0.01819 for the fourth quarter ended March, down 7 per cent from S$0.01955 in the year-ago period.
This brings total DPU for FY2026 to S$0.07262, down 9.8 per cent year on year. Distribution for Q4 will be paid on Jun 23.
Excluding divestment gains, Q4 DPU would have risen 0.9 per cent from S$0.01803 in the year-ago period, and FY2026 DPU would have dipped 3.4 per cent from S$0.07519 previously.
TRENDING NOW
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
Singapore banks’ battle for wealth talent goes beyond private bankers
Car dealer charged in S$1.1 million tax evasion case involving Porsches, Ferraris, Rolls-Royces
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap
