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Ascendas India Trust's DPU growth supported by additional income from acquisitions

PC Lee
PC Lee1/30/2018 03:36 PM GMT+08  • 2 min read
Ascendas India Trust's DPU growth supported by additional income from acquisitions
SINGAPORE (Jan 30): DBS Group Research recommends investors remain "overweight" on Ascendas India Trust (a-iTrust) given its strong growth profile with potential earnings upside.
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SINGAPORE (Jan 30): DBS Group Research recommends investors remain "overweight" on Ascendas India Trust (a-iTrust) given its strong growth profile with potential earnings upside.

a-iTrust reported a strong 3Q18 with DPU jumping 15% y-o-y to 1.64 cents. This represented 24% of DBS's FY18 DPU and was in line with expectations.


See: Ascendas India Trust posts 15% rise in 3Q DPU to 1.64 cents

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