1H 2020 net property income of S$29.7 million with total distribution per Stapled Security of 1.51 cents. Portfolio impacted by COVID-19 but downside partially mitigated by minimum rent and governmental relief measures. Healthy balance sheet with low gearing of 37.1% and ample debt headroom as at 30 June 2020. Divestment of Novotel Singapore Clarke Quay and acquisition of W Singapore - Sentosa Cove completed in mid-July 2020...
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Source: ShareInvestor Express