Stocks to watch: MPACT, Frasers Centrepoint Trust, Suntec Reit, CapitaLand India Trust
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THE following companies saw new developments that may affect trading of their securities on Friday (Oct 25):
Mapletree Pan Asia Commercial Trust (MPACT): Its distribution per unit (DPU) fell 11.6 per cent to S$0.0198 for the second quarter ended Sep 30, from S$0.0224 in the previous corresponding period. The decline came amid reduced contribution following Mapletree Anson’s divestment in July, and lower contributions from overseas assets. Units of MPACT ended Thursday 0.7 per cent or S$0.01 lower at S$1.41, before the results were released.
Frasers Centrepoint Trust (FCT): Its manager on Friday reported that the retail real estate investment trust’s DPU for the second half ended September 2024 was S$0.0602, unchanged from a year prior. This brings the DPU for the full year to S$0.12042, down 0.9 per cent from a FY2023 DPU of S$0.1215. Units of FCT closed on Thursday S$0.01 or 0.4 per cent down at S$2.27.
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