for its first quarter ended June 30, 2020, up 1 per cent from 2.025 cents for the year-ago period. MLT units were flat at S$2.04 at Monday’s close, before the results were released.it is expecting a 40-50 per cent decline
in its available distribution income to unitholders for the first six months of this year. This also comes as First Reit is providing two months' rental relief for May and June to all its tenants in Singapore, Indonesia and South Korea to alleviate the economic distress caused by Covid-19 pandemic. The counter finished unchanged at 70.5 Singapore cents before the announcements.
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Source: BusinessTimes - 🏆 15. / 51 Read more »
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