MacarthurCook Industrial REIT (“MI-REIT”) announced a distributable income of 1.52 cents per unit in MI-REIT (“Unit”) for the period of 19 April 2007 to 30 June 2007 (the “Distribution”).
Financial Highlights for 1QFY2008
1QFY2008 net income available for distribution of S$3.9 million exceeds forecast by 2.9%.Net income of S$3.2 million is 3.9% or S$0.12 million above forecast.
– Property expenses of S$0.91 million was 48.6% less than forecast
– Non-Property expenses of 10.9% lower than forecast
Distribution per unit (“DPU”) of 1.52 cents exceeds forecast by 3.4%
Annualised yield of 6.18%3 at IPO
Books closure date on Friday, 3 August 2007, at 5.00 p.m to determine Unitholders’
entitlements to MI-REIT’s distributable income of 1.52 cents per unit in MI-REIT
(“Unit”) for the period of 19 April 2007 to 30 June 2007 (the “Distribution”).
Last done price: $1.31 SGD
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