Tuesday, 24 January 2017

Stocks to watch: Ascott Reit, IHC, Cache Logistics Trust, Frasers Commercial Trust

http://www.equityprofit.com/

THE accompanying organizations had declarations that could influence the exchanging of their shares on Tuesday:

Ascott Residence Trust reported on Tuesday that its dissemination per unit (DPU) for the final quarter finished Dec 31, 2016, was 1.93 Singapore pennies, down 7 for every penny from 2.7 pennies a year back, after alteration for an erratic thing. In the event that unadjusted, DPU for Q4 was 2.04 Singapore pennies, still a one for each penny decrease year-on-year.

A warmed meeting room fight at Catalist-recorded human services amass International Healthway Corp (IHC) reached a critical stage on Monday evening as shareholders voted to expel the whole board at an exceptional general meeting (EGM) that kept going more than two hours.

Reserve Logistics Trust's final quarter circulation per unit (DPU) slid 10.8 for each penny year on year to 1.85 Singapore pennies, because of a lower capital appropriation and an amplified unit base contrasted with the year-prior period. In Q4 FY2015, deals continues from the transfer of Kim Heng stockroom lifted capital conveyance.

Frasers Commercial Trust (FCOT) posted stable dispersion per unit (DPU) of 2.51 pennies for the financial first quarter finished Dec 31, 2016, and reported a S$45 million makeover for Alexandra Technopark that will begin in mid-2017.

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