Far East Hospitality Trust ("FEHT")
FEHT released its "maiden" results. The press release is here.
The results was better than forecast and 2.09 cents per unit will be distributed to unit holders. The books will close on 18 Feb and the payment be made on 21 March 2013. My 5,000 units will receive about $104.50. My entry post is here. I will continue to hold this counter given the increasing tourist arrival trend.
Perennial China Retail Trust ("PCRT")
PCRT announced its financial results for Q4 and the presentation slides is here. It intends to distribute 1.96 Singapore cents on 18 March. My 10,000 units will be entitled to $196. With the earnout arrangement in place until FY2014, i guess we are "pretty safe" for now but will have to monitor the development projects closely as they ...
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