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CacheLog reports lower 4Q DPU of 1.597 cents on rights issue; divesting Hi-Speed Logistics Centre for $73.8 mil

PC Lee
PC Lee1/18/2018 06:52 PM GMT+08  • 2 min read
CacheLog reports lower 4Q DPU of 1.597 cents on rights issue; divesting Hi-Speed Logistics Centre for $73.8 mil
SINGAPORE (Jan 18): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust, has declared DPU of 1.597 cents for the 4Q17 ended Dec.
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SINGAPORE (Jan 18): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust, has declared DPU of 1.597 cents for the 4Q17 ended Dec.

This was 9.8% lower compared to the DPU of 1.770 cents declared in 4Q16 due to an enlarged units base after completing a rights issue in Oct 2017.

Excluding the effects of the rights issue, 4Q17 DPU would have fallen a smaller 1.1% to 1.829 cents.

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