PhillipCapital’s research team has upgraded Dasin Retail Trust to “buy” from “accumulate” as it expects a rise in its share price from the population growth in the Greater Bay Area, greater acquisitions and rental uplift following its AEI. The team has, however, lowered its target price to...

THE following companies saw new developments that may affect trading of their securities on Thursday:

DASIN Retail Trust's revenue dropped by 7.5 per cent for the third quarter ended Sept 30, 2020, the trustee-manager said in a business update posted on Wednesday.

DASIN Retail Trust's revenue fell 7.5 per cent for the third quarter ended Sept 30, the trustee-manager said in a business update posted on Wednesday.

The trustee-manager of Dasin Retail Trust says its indirect wholly-owned subsidiary, Zhongshan Yuanxin Commercial Property Management Co, has entered into an agreement with Zhongshan East Youyuecheng Store Management to terminate its lease in Superior City Department Store at Ocean Metro Mall. The l...

PhillipCapital analyst Natalie Ong has kept her “overweight” recommendation on Singapore REITs (S-REITs) due to the spate of acquisitions spurred by low interest rates and recovery in share prices. On September 3, Frasers Centrepoint Trust (FCT) announced its plans to acquire the remaining 63.1%...

PhillipCapital’s research team has maintained its “accumulate” call on Dasin Retail Trust with an unchanged target price of 91 cents following the Trust’s results. On August 13, Dasin Retail Trust declared 1H20 distribution per unit (DPU) of 1.92 cents, 43.4% lower than the 3.39 cents posted...

DASIN Retail Trust's distribution per unit (DPU) dropped by 43.4 per cent to 1.92 Singapore cents for the six months ended June 30, 2020, from 3.39 Singapore cents a year ago.

Singapore’s aspiration to become a financial technology (FinTech) hub has been in the making for the past several years. Among its concerted efforts are the annual hosting of the Singapore FinTech Festival, and the provision of grants and other incentives to budding FinTech startups. But achieving...

DASIN Retail Trust has completed the acquisition of the Shunde Metro Mall in Foshan city and the Tanbei Metro Mall in Zhongshan city for some S$344.1 million, its trustee-manager announced on Wednesday night.