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CDLHT set for 2H rebound on asset reconstitution and acquisitions

Uma Devi
Uma Devi • 3 min read
CDLHT set for 2H rebound on asset reconstitution and acquisitions
SINGAPORE (July 31): CDL Hospitality Trusts (CDLHT) reported a 3.3% dip in distribution per stapled security for the 2Q19 ended June.
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SINGAPORE (July 31): CDL Hospitality Trusts (CDLHT) reported a 3.3% dip in distribution per stapled security for the 2Q19 ended June.

The weaker DPSS also brought DPSS for 1H19 ended June to 4.16 cents, down 3.5% from a year ago.

TAGS
CDL Hospitality Trusts (CDLHT)
2H rebound
2Q19 DPSS
asset reconstitution
new acquisitions
buy call
DBS Group Research
Maybank Kim Eng Research
Daiwa Capital
CGS International

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