Trusts
Dasin Retail Trust’s non-executive directors get letter of demand from trustee-manager
THE non-executive directors of Dasin Retail Trust – Zhang Zhencheng and Zhang Zhongming – have been served a letter of demand from the trustee-manager for breaching their duties owed...
Keppel Infrastructure Trust’s private placement to raise S$200 million at top end of price range
KEPPEL Infrastructure Trust (KIT) has closed its private placement at S$0.438 apiece with 456.6 million new units issued, representing the top end of the price range proposed the day...
China bans risky trusts from selling wealth products for LGFVs
CHINA told some trust companies to stop raising money from individuals to fund local government financing vehicles, according to people familiar with the matter, in its latest effort to...
Distributable income is better metric for assessing Keppel Infrastructure Trust’s performance
I REFER to the article “Keppel Infrastructure Trust reverses into the red with a loss of S$23.9 million in H1 2024” (BT, Jul 26), which highlights profit after tax...
CDL Hospitality Trusts H1 net property income up 5.9% at S$66.5 million
CDL Hospitality Trusts’ (CDLHT) net property income (NPI) for the first half ended Jun 30, 2024, rose 5.9 per cent to S$66.5 million, from S$62.9 million in the year-ago...
CDL Hospitality Trusts reports unchanged H1 DPS of S$0.0251
CDL Hospitality Trusts’ (CDLHT) net property income (NPI) for the first half ended Jun 30, 2024, rose 5.9 per cent to S$66.5 million, from S$62.9 million in the year-ago...
Far East Hospitality Trust’s H1 DPS up 2.1% to S$0.0196
FAR East Hospitality Trust (FEHT) posted a 2.1 per cent increase in distribution per stapled security (DPS) to S$0.0196 for the first half ended Jun 30, from S$0.0192 in...
Frasers Centrepoint Trust’s retail portfolio Q3 occupancy hits 99.7%
Its manager says the rise in shopper traffic and tenant sales comes from active asset and property management, and government support for spendingTHE manager of Frasers Centrepoint Trust (FCT)...
Frasers Centrepoint Trust’s manager appoints new chief financial officer
THE manager of Frasers Centrepoint Trust (FCT) on Thursday (Jun 27) named Annie Khung as its chief financial officer (CFO). With effect from Aug 9, she succeeds Audrey Tan, who...
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
THREE directors of Dasin Retail Trust’s trustee-manager, including the chairman of the board, denied allegations of misconduct made by Zhang Zhencheng, a non-executive director and shareholder of the trustee-manager...