- REITS : Ascendas (A17U) - Announced an 11.2 percent rise in gross revenue to $171.7 million. The increase was due to the recognition of rental income from Hyflux Innovation Centre that was acquired in June 2014 and Aperia that was acquired in August 2014. Higher occupancies at Nexus@one-north and A-REIT City@Jinqiao as well as positive rental reversion also contributed to the higher revenue. Net property income margin fell 3.6 percentage points from 70.3 percent in 3Q14 to 66.7 percent in 3Q15 as operating ...
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :
