Metro Holdings (Metro)

Tthe group’s revenue similarly saw a 3.6% y-o-y decline to $48.4 million. Photo: Metro Holdings

The consideration comprises the purchase of shares for GBP10.9 million and the assignment of shareholders’ loan and its accrued interest of around GBP7.1 million as at Sept 30.

Its head marketing and merchandising controller and e-commerce is appointed as COO of its retail business.

The company recorded a higher revenue, largely due to its retail division.

Shares in Metro closed 1 cent lower or 1.48% down at 66.5 cents on Oct 3.

Hyphens Pharma has a market value of just over $88 million.

EPS for FY2021 came in at 4.4 cents, compared to 3.9 cents the previous year.

The department store is one of the top 10 tenants by gross rental income (GRI) for both SPH REIT and FCT.

The property was completed in August 2020 with 44 studios and 181 en-suite beds over six floors.

Metro Holdings has announced 2H20 earnings of $11.3 million compared to $62.4 million a year ago, mainly due to the fair value adjustments of its investment properties, joint ventures, as well as rental rebates and waivers granted to tenants.