Viva's maiden DPS of 1.08 cents in line with forecast
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
VIVA Industrial Trust yesterday announced a distribution per stapled security (DPS) of 1.08 cents, just under its forecast of 1.082 cents for the period Nov 4 to Dec 31, 2013.
Income available for distribution was $6.4 million, as forecast. This came on the back of gross revenue of $9 million, and net property income of $6 million - both of which exceeded its forecast in its prospectus.
The trust is a stapled group comprising Viva Industrial Reit and Viva Industrial Business Trust. It was listed only last November.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
