DBS Bank has sold 64.700 units in Hutchison Port Holdings Trust NS8U to the open market.
The sale, which was conducted on Oct 3, netted the bank US$9,769.70 ($12,729.80), or 15.1 US cents per unit.
Following the sale, DBS’s stake in Hutchison Port Holdings Trust came up to 0.809%.
The REIT reported a distribution per unit (DPU) of 5 HK cents (0.86 cents) for the 1HFY2024 ended June 30, down from the DPU of 5.5 HK cents in the 1HFY2023.
Meanwhile, revenue and other income in the same period increased by 2.6% y-o-y to HK$5.32 billion.
Shares in Hutchison Port Holdings Trust closed 0.3 US cents lower, or down 1.90%, at 15.5 US cents on Oct 8.
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