Ascendas India Trust posts 1.42 cents DPU for 3Q

SINGAPORE (Jan 31): Ascendas India Trust has reported a distribution per unit of 1.42 cents for 3QFY17, a 5% increase from 3QFY16.

Broker's Calls

This trust still has plenty of room to grow in India

SINGAPORE (Oct 27): DBS Group Research is maintaining its “buy” rating on Ascendas India Trust with a higher target price of $1.13 despite declaring a 2Q DPU of 1.37 cents, unchanged from a year ago due to the depreciation of the IDR against the SGD.

CapitaLand disposes Hyderabad land for $8.3 mil

SINGAPORE (June 15): CapitaLand, through its wholly owned subsidiaries, has disposed off its entire 100% stake in Citadines Hitec City Aparthotel (CHC) for an aggregate cash consideration of INR401.3 million ($8.3 million).