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Gneiss
2022-03-09

Great news indeed!

Singapore Stocks to watch: Ascott Residence Trust, Enviro-Hub, Darco Water

THE following companies saw new developments that may affect the trading of their securities on Wednesday :Ascott Residence Trust : : The stapled group is acquiring 4 rental housing properties and a student accommodation property in Japan for a total of 10.4 billion yen . The transaction is expected to be yield-accretive and increase ART's pro-forma FY2021 distribution per stapled security by about 1.7 percent, said its managers on Wednesday. Stapled securities of ART ended Tuesday flat at S$1.0

Singapore Stocks to watch: Ascott Residence Trust, Enviro-Hub, Darco Water

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The transaction is expected to be yield-accretive and increase ART's pro-forma FY2021 distribution per stapled security by about 1.7 percent, said its managers on Wednesday. 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