The manager of ARA LOGOS Logistics Trust has declared distribution per unit (DPU) of 2.927 cents for the 2HFY2020 ended December, 8.9% higher than DPU of 2.689 cents a year ago.

This was spread over an enlarged unit base due to the private placement units issued on Nov 11, 2020, and preferential offering units issued on Jan 25.

On a like-for-like basis, excluding capital and one-off distribution items, adjusted DPU would have been 2.646 cents for the half-year period, 16.3% higher than DPU of 2.275 the year before.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook