THE following companies saw new developments that may affect trading of their securities on Friday (Jul 26):
Mapletree Industrial Trust (MIT): The real estate investment trust (Reit) registered a 1.2 per cent increase in distribution per unit (DPU) to S$0.0343 in its first quarter ended Jun 30, 2024, from S$0.0339 in the year-ago period. Revenue grew 2.7 per cent on-year to S$175.3 million, from S$170.6 million previously, said its manager. MIT units closed at S$2.26, down S$0.01 or 0.4 per cen on Thursday.
CapitaLand Ascott Trust (Clas): The stapled group’s distribution per stapled security fell 8 per cent year on year to S$0.0255 for the first half year ended Jun 30. On Friday, its manager attributed this to the depreciation of most foreign currencies against the Singapore dollar. Stapled securities of Clas ended Thursday 1.1 per cent or S$0.01 lower at S$0.90.
