Welcome!
EC World REIT (ECW)
Results
EC World REIT reports 3QFY2024 DPU of 0.401 cents, 56.2% lower y-o-y
The group’s 3QFY2024 revenue fell by 7.1% y-o-y to $25.1 million, while net property income stood at $22.8 million, down 7.8% y-o-y.
16 days ago
REITs
EC World REIT issues update over illegal mortgages imposed over its properties
The illegal mortgage for Hengde Logistics has been discharged. The REIT's sponsor is working on solutions to discharge the rest.
January 18, 2024
REITs
China Tobacco renews lease at EC World REIT’s Hengde Phase 2 warehouse
The current lease will expire on Dec 31.
December 19, 2023
Results
EC World REIT reports 3QFY2023 DPU of 0.916 cents, 32.8% lower y-o-y
As at Sept 30, EC World has onshore bank loans of RMB735.2 million and offshore bank loans of $349.8 million outstanding.
November 08, 2023
REITs
EC World REIT’s lessee to discontinue lease at Hengde Phase 1
Units in EC World REIT last traded at 28 cents.
November 01, 2023
REITs
Sponsor of EC World REIT unable to obtain sufficient financing for proposed divestment
The manager said it is seeking legal advice for the possible termination of the proposed divestment among other things.
October 26, 2023
REIT Watch
EC World REIT to defer 1HFY2023 distribution to ‘future date’
The distribution of 2.053 cents per unit from the period from Jan 1 to June 30 was supposed to have been made on Sept 28.
September 28, 2023
REITs
EC World REIT units to remain under suspension
The continued suspension of the REIT’s units will provide it more time to work on resolving its “uncertainties”.
September 21, 2023
REITs
Updates on troubled Chinese S-REITs
Dasin Retail Trust may be in default if it doesn't repay loan this month; EC World REIT staves off default with $3.5m payment
September 05, 2023
REIT Watch
EC World REIT requests for voluntary trading suspension
Units in EC World REIT last traded at 28 cents.
August 31, 2023