perpetual securities

The distributions were scheduled to be paid on Dec 19.

Distributions under the Series 002 Perpetual Securities shall be payable semi-annually in arrear on June 15 and Dec 15 annually.

Approval in-principle has been received from the SGX-ST.

Units in Keppel REIT closed flat at $1.09 on Oct 7.

This also marks the second green issuance under A-REIT’s green finance framework.

The manager of Lippo Malls Indonesia Retail Trust (LMIRT) has announced Monday that it will be making the distribution payment according to the terms and conditions of the perpetual securities.

On May 29, 2019, Ascott Residence Trust’s (ART) manager announced that it has decided not to redeem its 4.68% $250 million of perpetual securities on June 30, the first call date.

On May 13, during a 1HFY2020 results briefing by Frasers Property’s (FPL) management, there were some questions on the company’s higher gearing, which had risen to 106.8% by March 31, 2020, from 85.9% as at Sept 30, 2019. The compa

SINGAPORE (May 11): On May 5, OCBC Credit Research pointed out that Lippo Mall Indonesia Retail Trust did not accrue distributions to perpetual holders under its statement of distribution.

(Mar 18): Last week, I talked about how it can be difficult to interpret published financial statements because of overly ambitious objectives of the accounting profession, evolving reporting standards and the resulting vagaries that could sometimes trans