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United Kingdom

CapitaLand Commercial Trust (CACT.SI)

CACT.SI on Stock Exchange of Singapore

1.90SGD
18 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Capitaland Commercial Trust says Lynette Leong Chin Yee resigns as CEO
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Capitaland Commercial Trust :‍Lynette Leong Chin Yee resigns as chief executive officer and executive director​.Leong will assume a new role as chief executive officer of Capitaland Commercial​.  Full Article

Capitaland Commercial Trust ‍announces launch of S$700 mln rights issue
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Capitaland Commercial Trust ::‍Announces undertaking of fully underwritten and renounceable rights issue to raise gross proceeds of about S$700 million​.  Full Article

Capitaland Commercial Trust says quarterly net property income up 2.7 percent year on year
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Capitaland Commercial Trust :‍Distributable income of S$73.1 million in 3Q 2017 compared to S$68.3 million in 3Q 2016​.‍Qtrly net property income up 2.7% YOY to S$58.6 million​.‍Distribution per unit (DPU) of 2.02 Singapore cents for 3Q 2017​.Qtrly gross revenue s$74.1 million versus s$74.4 mln‍​.‍Lower net property income is expected in FY2018 at select properties in CCT'S current portfolio​.  Full Article

Capitaland Commercial Trust announces an estimated distribution per unit of 2.27 cents for Q2 2017
Tuesday, 18 Jul 2017 

July 19 (Reuters) - Capitaland Commercial Trust ::Announces an estimated distribution per unit (dpu) of 2.27 cents for 2Q 2017.In 2Q 2017 trust's distributable income of S$69.5 million grew by 6.7%.2Q 2017 gross revenue increased by 29.5% to S$87.5 million.Qtrly net property income S$69.1 million up 34.3 percent.  Full Article

CapitaLand Commercial Trust reports Q2 net property income of S$51.5 mln vs S$53.9 mln last year
Tuesday, 19 Jul 2016 

CapitaLand Commercial Trust : Q2 net property income s$51.5 million versus s$53.9 million a year ago . Q2 gross revenue s$67.6 million versus s$69.1 million a year ago . Q2 distribution per unit 2.20 Singapore cents . Market vacancy rate is expected to rise in the short term with the completion of new supply over the next six to nine months . Singapore office market continued to see declines in occupancy and rental rates .  Full Article

CapitaLand says received a non- binding notice from HSBC Institutional Trust Services Ltd
Monday, 23 May 2016 

CapitaLand Ltd : Announce that it has received a non- binding notice from HSBC Institutional Trust Services (Singapore) Limited . Says the consideration for the sale of cl spv's 50% interest in Mso Trust of approximately s$318 million . Says the sale consideration will be satisfied entirely in cash. . Transaction not expected to have any material impact on nta or earnings per share of co for the financial year ending 31 December 2016 .  Full Article

CapitaLand Commercial Trust Management announces proposed acquisition of 60.0% of the units in Mso Trust
Monday, 23 May 2016 

CapitaLand Commercial Trust : Management Limited (proposed acquisition of 60.0% of the units in Mso Trust which holds Capitagreen) . Says the total acquisition outlay for 60.0% of mso trust is approximately s$393 million . Says the total acquisition outlay is expected to be funded through borrowings from committed bank facilities . Says expect the proposed acquisition to be accretive to the trust's distribution per unit . Cct, together with market street office and Mitsubishi Estate Asia formed a joint venture and set up Mso Trust .  Full Article

SE Asia Stocks-Muted; Singapore set to extend losses

By Nikhil Nainan Dec 7 Most Southeast Asian stock markets traded within a tight range on Thursday as uncertainty over U.S. government policies kept risk sentiment in check, with Singapore set to extend the previous session's sharp decline. Asian markets remained tentative after Wednesday's slump, with MSCI's broadest index of Asia-Pacific shares outside Japan hovering around a near two-month low. Investors are looking to final tax reform legislation in the United St