Stocks to watch: SGX, Mapletree Commercial Trust, Cache Logistics Trust
Posted by Trading Advisor on 7:53 PM with No comments
Singapore Exchange: SGX raised its base dividend and
outlined its strategy to raise liquidity in the sluggish securities
market as net profit rose 28 per cent for its fiscal first quarter ended
Sept 30.
The market operator is raising its first-quarter cash dividend to
five Singapore cents per share from four Singapore cents a year ago, and
future quarterly payouts are expected to follow suit.
Net profit increased to S$99.3 million, or 9.3 Singapore cents per
share, as operating revenue rose 30.1 per cent to S$219.6 million.
Categories: Malaysia, Malaysian Stock
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