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capital allowance

REITs

MCT cuts DPU by 60% to conserve cash

For the 4QFY2019/2020 ended March 31, Mapletree Commercial Trust (MCT) slashed its DPU by 60.6% y-o-y to 0.91 cent. Although MCT’s distributable amount in 4QFY2019/2020 rose 10.5% y-o-y, $43.7 million was retained to claim capital
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