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Frasers Hospitality Trust posted 5.4% fall in DPS to 1.57 cents after placement of more stapled securities

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Frasers Hospitality Trust posted 5.4% fall in DPS to 1.57 cents after placement of more stapled securities

PC Lee Published on Mon, Oct 31, 2016 / 4:05 PM GMT+8

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SINGAPORE (Oct 31): Frasers Hospitality Trust (FHT), the owner and operator of serviced residences and hotels, posted a 5.4% fall in 4Q DPS to 1.57 cents from 1.66 cents a year ago as the number of stapled securities rose 27.4% to 1.84 billion from 1.4 million a year ago.

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