2Q20 results

CEO of CMT’s manager Tony Tan says the group has chosen to retain the balance $46.4 million of taxable distributable income from 1Q20 after releasing $23.2 million in 2Q20, as CMT maintains a “cautious view of near-term market conditions”.

The increase in distributable income was mainly due to higher 1Q20/21 net property income (NPI), which improved marginally by 0.9% y-o-y to $78.7 million, and new contributions from the acquired 13 data centres in North America.

The manager of Keppel REIT has declared a distribution per unit (DPU) of 1.40 cents for the 2Q20 ended June, 0.7% higher than the DPU of 1.39 cents declared in 2Q19.

The manager of Soilbuild Business Space REIT (Soilbuild REIT) has declared a distribution per unit (DPU) of 0.745 cents for 2Q20 ended June, a 36.8% drop from the DPU of 1.179 cents a year ago.

SINGAPORE (Feb 12): IPS Securex, which provides security-related services and solutions, has recorded revenue of $5.7 million for 2QFY2020 ended Dec 31 2019, more than double from the year-earlier quarter.The improvement at the top line helped the compa

Separately, SGX has announced that it will be acquiring a 93% stake in Scientific Beta, a smart beta index firm, for 186 million euros ($280 million).

This brings the group’s half year earnings to $74.5 million, double that of $37 million for the corresponding period in the previous year.