SINGAPORE (Apr 24): For the 4QFY2019/2020 ended March 31, Mapletree Commercial Trust (MCT) slashed its DPU by 60.6% y-o-y to 0.91 cent. Although MCT’s distributable amount in 4QFY2019/2020 rose 10.5% y-o-y, $43.7 million was retained to claim capital allowance and for capital distribution retention, its manager says, causing distributable income to decline 55% y-o-y in the REIT’s fourth quarter, to $30.1 million.

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