SINGAPORE (May 25): The trustee-manager of Accordia Golf Trust posted a distribution per unit (DPU) of 4.71 yen (6.04 cents) for the full year ended March, 14% lower than the DPU of 5.50 yen a year ago.
Distributable income fell to 5.2 billion yen, from 6.0 billion yen a year ago.
The trustee-manager clarifies that the computation of total distributable income available for FY16/17 is for illustrative purpose only, as Accordia Golf Trust makes distributions on a semi-annual basis.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
