Sime Darby Property Singapore

The acquisition will add 0.48 cents to the FY2020 distribution per unit (DPU) of 9.50 cents to 9.98 cents on a pro forma basis.

SINGAPORE (Aug 15): Saizen REIT announced on Monday it has entered into a framework agreement with Sime Darby Property Singapore and Hastings Deering (Australia) that could result in the first reverse takeover of a Singapore REIT.