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Stocks to watch: MPACT, Frasers Centrepoint Trust, Suntec Reit, CapitaLand India Trust

by Sarkiya Ranen
in Technology
Stocks to watch: MPACT, Frasers Centrepoint Trust, Suntec Reit, CapitaLand India Trust
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THE following companies saw new developments that may affect trading of their securities on Friday (Oct 25):

Mapletree Pan Asia Commercial Trust (MPACT): Its distribution per unit (DPU) fell 11.6 per cent to S$0.0198 for the second quarter ended Sep 30, from S$0.0224 in the previous corresponding period. The decline came amid reduced contribution following Mapletree Anson’s divestment in July, and lower contributions from overseas assets. Units of MPACT ended Thursday 0.7 per cent or S$0.01 lower at S$1.41, before the results were released.

Frasers Centrepoint Trust (FCT): Its manager on Friday reported that the retail real estate investment trust’s DPU for the second half ended September 2024 was S$0.0602, unchanged from a year prior. This bringsthe DPU for the full year to S$0.12042, down 0.9 per cent from a FY2023 DPU of S$0.1215. Units of FCT closed on Thursday S$0.01 or 0.4 per cent down at S$2.27.



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Tags: CapitaLandCentrepointFrasersIndiaMPACTReitStocksSuntecTrustWatch
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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