4%). 2 per cent of SPH Reit having completed its scheme to take SPH private. 27 Feb 2020. Photo: Samuel Isaac Chua/The Edge Singapore. SPH REIT Units (via DIS) S$0. (vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in. Cuscaden Peak’s offer—which gave SPH shareholders the option of accepting an all-cash offer of S$2. Cuscaden Peak Pte. Announcement Title Mandatory Cash Dividend/ Distribution Date &Time of Broadcast 09-Feb-2022 17:36:49 Status New Corporate Action Reference SG220209DVCAYU2P Submitted By (Co. About 1. 3. My Stocks. This came following the completion of an offer by Cuscaden to take Singapore Press Holdings (SPH) private, which resulted in Cuscaden and its concert parties owning 47. Announcement Title: Change in Issuer Name: Date & Time of Broadcast: Dec 29, 2022 12:50: Status: New: Announcement Reference:. Maintain HOLD rating on SPH REIT's with target price at S$0. 596 Keppel Reit units valued at 71. 1. The offer to existing SPH shareholders is in the form of cash, SPH REIT, and Keppel REIT. In its regulatory filing furnished to. Ltd. SPH shares closed 0. 1 file. Thus SPH’s cash and cash equivalent is $312 – $63 x 0. This offer was worth $2. Paragon, one of the key malls that's part of SPH REIT's portfolio. 28 Jan 2021. Platform. And since they are holding 70% of SPH REIT they have a. From REIT Pulse perspective, SPH REIT has been performing fairly well over the last 3 years. 97 dated December 1, 2022. 64% fromthe prior estimate of 0. SPH REIT announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. It owns three retail assets in Singapore, with Paragon Mall within the Orchard Road district as its anchor asset in Singapore and two retail malls in Australia. 9%, underpinned by higher occupancy at its Singapore assets and recovering tenant sales, while its WALE remains healthy at 5. It is now offering each SPH shareholder the option of an all-cash offer of $2. SPH REIT announced that SPH REIT is changing its financial year end from 31 August to 31 December. The recent restriction easing and border opening should improve SPH REIT's performance moving forward. SPH REIT's inaugural distribution was 1. The Reit has $1. The information behind this electronic gatepost is only being made available to residents of Singapore. SPH Reit aims to be a premier retail real estate. Disclaimer. In particular, the units of PARAGON REIT have not been and will not be registered under the U. Feb. Founded Date 2013. 36 per share or S$1. 03. 72 cents per unit, which is the minimum offer price. CapitaLand Ascendas Real Estate Investment Trust. In particular, the units of PARAGON REIT have not been and will not be registered under the U. ) Let us take a look at its financial results, and compare them against the REIT’s results. DPU for the fiscal year 2014 (FY2014) was S$0. Payment Of Management Fees (Base Fee) By Way Of Issue Of Units In SPH. Cuscaden Peak makes cash offer of 93. Ltd. SINGAPORE - SPH Reit is planning to acquire The Rail Mall for $63. com: The #1 Source For Dividend Investing. A look at the shareholders of SPH REIT ( SGX:SK6U ) can. 782 of an SPH Reit unit per share. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. Its final offer for SPH is S$2. $0. (vii) SPH is a subsidiary of Cuscaden. SPH REIT has. The investment strategy of SPH REIT is to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia Pacific, as well as real estate-related assets. Resolution #2, which is to re-appoint KPMG LLP as the auditors of SPH REIT to hold office until the conclusion of the next Annual General Meeting of SPH REIT, and to authorise the Manager to fix their renumeration, was passed with 99. 5m sqft across a three-storey retail mall,. SPH REIT’s gearing ratio remains stable at 30. They purchase based on a forward looking income basis, which means that there are. SPH REIT invests, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate related assets. 668 per share. 820. Note Daily OHLC share price according to SGX Ready Market transactions. SPH had in August received a privatisation offer from Keppel at S$2. 108 (A slight increase due to the improvement of SPH REIT share price). In. SPH REIT published this content on 09 June 2022 and is solely responsible for the information contained therein. The REIT justified its action based on challenging conditions in both their Singapore and Australian malls. 05 cents. 1) Cash of S$0. Under SPH REIT, SPH owns Paragon, a premier upscale mall and medical suite/ office property on Orchard Road; The Clementi Mall, a mid-market suburban mall; and The Rail Mall along Upper Bukit Timah Road. Summary. Disclaimer. 668), Keppel REIT (0. MT. The portfolio of SPH REIT comprises the following five quality and well located commercial properties in Singapore and Australia:SPH REIT can select one or more attributes in terms of products and services that customers in the Real Estate Operations values most. . 2%. the SPH REIT Chain Offer will not be made unless as a result of the Cuscaden Scheme and the election by SPH Eligible Shareholders for the All Cash Consideration, Cuscaden and its concert parties own 30 per cent. 8 per cent voted against it. Read more at The Business Times. Steady Recovery Underpinned By Resilient Domestic Demand And Resumption Of International Travel. Under the offer, SPH shareholders will receive a total consideration of $2. 099 per SPH share, which represents a 16. 113,200. 2 per cent of shareholder votes signalled their approval for the acquisition of SPH, while 1. SPH REIT is not owned by hedge funds. . Cuscaden Peak, a consortium of local investors, offered to buy all units of SPH real estate investment trust (Reit) at 93. 6). ABOUT SPH REIT SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. Business News -SINGAPORE • SPH Reit will issue a lower payout for the first quarter but it noted yesterday that business is slowly picking up after the hit it took. 782) + Cash ($1. SPH REIT's Share Price trades at a compelling yield of 6. S$636. Paragon REIT (formerly known as SPH REIT) Dec 2018 - Present 5 years. News. CapitaLand Ascendas Reit was among the most actively traded by value, with 24 million units worth $67. 099 per share. 209 photos. YqNexrI5Aa0WBVPygGIdrNajfWdAi30fregf8Fnbknxph2_brQpPnRNlew. SPH REIT maintained its strong portfolio occupancy rate of 97. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). 6% improvement in tenant sales for 12MFY2022, in line with a pick up in footfall in the Orchard Road area. 07 Aug 2023. Download Telegram About. IN THE first half of 2023, the iEdge S-Reit Index gained 2. Date Of Release Of PARAGON REIT's Financial Statements For The Half Year Ended 30 June 2023. Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May. Net asset value per unit as at 31 August 2022 remained stable at. Distributed by Public , unedited and unaltered, on 25 November 2021 03:09:02 UTC . 86 cents for the period from 24 July 2013 (listing date) to 30 November 2013. The name change will take effect from Jan 3, 2023, onwards. PARAGON REIT (formerly known as “SPH REIT”) is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. The company's portfolio includes Paragon and The Clementi Mall. 2% for the last year. Barrie ON - Head Office: Phone – Direct (705) 725-6020 Phone – Toll Free 1–844-474-9620 Fax (705) 725-8026. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 099 per share, comprising cash of S$0. Disclaimer. SPH REIT’s 1Q FY2022 Distributionfor the purposes of complying with Rule 25 of the Singapore Code on Take- overs and Mergers (the “Take-Over Code ”), which report is based on a review of the interim financial information of SPH REIT for 1Q FY2022 Interim Financial 1Q FY2022 (the “ Information”). Mandatory Cash Dividend/ Distribution. Based on current share price of SPH Reit ($0. 208 photos. 9372 per unit for all units of SPH REIT. More On This Topic. 10. The counter rose 1. Disclaimer. Find out all the key statistics for Paragon REIT (SK6U. As part of the arrangement, the company announced that SPH shareholders will receive consideration of S$2. Company Type For Profit. General. 8% yoy. 64% of the total issued SPH REIT units. It is relatively lower than other retail REITs with gearing ratio typically above 30%. . Market / ISIN Code: SGX Mainboard / SG2G02994595. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook over the short-term is warranted. Episodes feature views and insights from property analysts. 70851. As at 21 February 2022 (being the Latest Practicable Date prior to the publication of the Cuscaden Composite Document), This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 9% less than the total consideration. 1. Prior to that, shares of SPH closed flat at $2. The Manager's key objective for SPH REIT is to provide Unitholders with regular and stable distributions, and sustainable long- term growth in DPU and NAV per. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. Cuscaden Peak, a consortium comprising Hotel Properties, its managing director Ong Beng Seng, and 2 Temasek-related entities CLA and Mapletree, is offering each SPH shareholder the choice between an all-cash offer of S$2. Mandatory Cash Dividend/ Distribution. 3. 596 Keppel REIT units valued at S$0. Photo: Samuel Isaac Chua/The Edge Singapore. 20. 72 cents for the 4MFY2022 ended Dec 31, 2022, unchanged y-o-y compared to the same period the year before. Paragon, one of the key malls that's part of SPH REIT's portfolio. Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung. Best dividend capture stocks in Nov. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. 72 cents for SPH REIT units after adjusting for distributions. Disciplined Capital Management. Join REITirement - SREIT. General. Elite Commercial REIT has posted distribution per unit (DPU) of 1. 9% less than the total consideration. SGD 0. 4%. 9%, reiterating tenants' confidence in SPH REIT's strategic assets. As of 29 February 2020, SPH REIT has a portfolio of 5 assets across Singapore and Australia. There have been a number of acquisitions allowing further growth of the REIT. 782 SPH Reit share) offer is valued much lesser today. completed the acquisition of an additional 14. 91). 782 of an SPH Reit unit through a distribution-in-specie by SPH. SPH Reit, a real estate investment trust, will change its name to Paragon Reit to better reflect its vision and mission in the Asia-Pacific retail landscape. On 7th November 2019, SPH REIT announced the acquisition of 50% in Westfield Marion Shopping Centre, Adelaide, South Australia. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. Sph Reit Management Pte Ltd, 1000 Toa Payoh North, News Centre. As a new major unitholder of SPH REIT, Cuscaden has to g. Disclaimer. Blog. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. SPH REIT Announces Change of Financial Year End from 31 August to 31 December 2022: CI SPH REIT Secures Term Loan Facility of SGD 975 Million 2022: CI Singapore Shares End Week Slightly Higher; SPH REIT Shares Climbed 3% as Fiscal Q3 DPU Rises Over 5%However, the cumulative value of Keppel REIT and SPH REIT units has gone up by S$0. Coming Dividends. The offer price translates to a valuation of S$0. Its portfolio of Singapore properties comprises Paragon, The Clementi Mall and The Rail Mall, with an aggregate net lettable area of about. , a wholly-owned subsidiary of Cuscaden Peak Investments Private Limited (formerly known as Singapore Press Holdings Private Limited). The overall positive financial results were a little surprising to me. Feb. 4% q-o-q but down 24. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. S. Read more at straitstimes. The offer by Cuscaden is required by the Singapore Code on Take-overs and Mergers, as it now owns 47. completed the acquisition of an additional 14. SPH chief executive Alan Chan said: "The special dividend will reward shareholders for their investment in the SPH Group and, through SPH's stake in SPH Reit, they will continue to benefit from the establishment of SPH Reit. 9400. (PBSA) portfolio, SPH REIT’s Figtree Grove and Rail Mall, which helped to offset declines in its media revenue. 596 Keppel REIT units and 0. SPH REIT Management Pte Ltd, the Manager of the Trust (“the Manager”) is responsible for the other information contained in the annual report. 77 per cent. SPH REIT (SGX:SK6U) entered into a contract to acquire 50% stake in Westfield Marion Shopping Centre, Adelaide, South Australia from Australian Prime Property Fund Retail managed by Lend Lease Real Estate Investments Limited for AUD 670 million on November 7, 2019. 602 cash and 0. 40 per share comprising $1. You are in SGX. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. Stock Symbol SGX:SK6U. 66% for 1H FY2022 with a weighted average term to maturity of 2. 1 file. S. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. of the share. It divides the Forward Annualized Dividend by FY1 EPS. The Keppel Corporation offer made is a combination of cash ($0. 0553 (+2. SPH REIT has a healthy balance sheet with low gearing. 7% from S$0. Despite the decline in visitor traffic, FY tenant sales remain resilient. 099 per share, comprising cash of 66. 30pm on March 22 to vote on the proposed distribution in-specie of SPH Reit units under the Cuscaden scheme. The offer satisfied the minimum acceptance condition of 50 per cent of the issued SPH Reit units as at June 1, making it unconditional in all respects. Share Price as of: -. Cuscaden Peak Pte. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. Ltd. The sum of the Offeror Consideration and the SPH REIT units to be distributed by SPH to its shareholders in accordance with the Scheme has an implied value of $2. 商业时报Find detailed analysis of Singapore-listed companies, along with advices on long-term investing and short-term trading here. 36%. . SPH REIT renames to Paragon REIT from January 3rd, 2023. FY22 will be a 16-month period from 1 Sep 21 to 31 Dec 22. 0172 for Four Months to December 2022 Period. The information behind this electronic gatepost is only being made available to residents of Singapore. Distributed by Public, unedited and unaltered, on 20 May 2022 02:54:02 UTC. 6 per cent from DPU of 1. 07 / share. We know SPH REIT has $63 mil in cash but not sure about Seletar Mall. The name change will take effect from Jan 3, 2023, onwards. Distributed by Public, unedited and unaltered, on 17 June 2022 03:02:02 UTC. Paragon REIT SK6U 0% , formerly SPH REIT, has reported a distribution per unit (DPU) of 1. 5/2. 4% in FY18 to 13. With Keppel REIT and SPH REIT trading at S$1. 995 %. 5 cent and SPH Reits is 71. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. On 8th October 2022, SPH REIT announced its FY2022 results for the 12 months ended 31 August 2022. 6 years. 782 SPH REIT shares with an indicative value of. 0 / 0 %. 3 per cent to 90. The information behind this electronic gatepost is only being made available to residents of Singapore. It adde. 3250 per share was made to shareholders on Tuesday, November 14, 2023. Sponsor and major shareholder, SingaporeFinancial Highlights. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 4m SPH REIT units, valued at S$20m and 6. More On This Topic SPH seeks to buy back outstanding $500m of 3. 12-Jul-2021 18:43:20. SPH REIT is a Singapore-based Real Estate Investment Trust (“REIT”) established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. Ltd. 716 per share, from a distribution in-specie (“DIS”) by SPH. 85-$0. 9% above the NAV as at 28 February 22. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022SPH REIT recognises that effective corporate governance lays the foundation for stakeholders’ trust, as well as the sustainability and viability of all business operations. BY WAY OF ISSUE OF UNITS IN SPH REIT The Board of Directors of SPH REIT Management Pte. If we remove this S$ 7. Recent Buy Backs. SGD 0. Ltd. . SPH REIT (SGX:SK6U)'s 12-month FY22 DPU of S$0. 4 million), the real estate investment trust (Reit) said on Thursday. But substantially below the 52-week high of $1. SINGAPORE: SPH Media has entered into an agreement to acquire technology media company Tech in Asia (TIA). 715 per share, and 0. SPH REIT Commits To Provide Tenants'. 38B. 716 per share from a distribution in-specie by SPH. 7% y-o-y on. Jul 01, 2022 11:47 AM. Platform. This represents an annualised yield of 5. SPH REIT to merge with MPACT or CICT? Lifetime Membership When SPH shareholders approved the acquisition by Cuscaden Peak on 22 March 2022, the writing was on the wall that SPH REIT would be the next to be acquired. Payment Of Management Fee (Base Fee) By Way Of Issue Of Units In SPH REIT. 15am, units in SPH REIT are trading flat at 97 cents, or an FY2022 P/B of 1. 0. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption. 798(1) Being the value of 0. 782 SPH REIT units for every SPH share held. 3m. WITH its offer to acquire Singapore Press Holdings (SPH) having been approved by shareholders of the mainboard-listed property player, Cuscaden Peak has started despatching to shareholders the forms for them to choose between getting all cash or a combination of cash and SPH Reit SK6U units. Announcements. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. TAGS. 0 / 0 %. When SPH REIT announced its FY19 full year results, I mentioned that the debt gearing currently stood at 27. Based on last Friday's closing prices, the value of Keppel Reits on offer is 71. Under the new offer, SPH shareholders can now choose between (1) $2. SPH REIT - Paragon Awaits The Return Of Chinese Spenders. The Reit will be led by its sponsor, Cuscaden Peak Investments, a consortium of tycoons and investors. ShareJunction is a FREE Singapore Stocks, Investment and Finance portal providing share investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. After failing to break above the previous support turn resistance zone of 790-800 on February 3rd 2023, the S-REIT Index is currently retracing back and trading between the 730-744 zone for the past few. General. June 3, 2022 – Cuscaden Peak’s mandatory cash offer to acquire all units of SPH real estate investment trust (Reit) has turned unconditional in all respects, according to a bourse filing on Thursday, according to a report from The Straits Times. A wellmanaged shopping mall in an area with a growing catchment population would be a good pipeline asset for SPH REIT, which currently holds Paragon and The Clementi. Distributed by Public, unedited and unaltered, on 22 June 2022 03:24:01 UTC. Get the latest Paragon REIT (SK6U) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Unlock. 2m (-2% h-o-h), coming in at 98% of our full-year forecast. Companies & Markets News -SINGAPORE (THE BUSINESS TIMES) - The impact of the pandemic hit SPH Reit in the second half with distribution per unit (DPU) well down. SPH REIT’s full-year results was a decent one, largely contributed by the fact that in the same time period last year, the REIT’s malls were negatively impacted by the lockdown measures as a result of the fast escalation in the number of. Disclaimer. REITirement - SREIT. 4. 2 per cent, at 89 cents on Wednesday. Looking ahead, SPH Reit said that it would maintain a disciplined approach to capital management. Units of SPH Reit closed down two cents, or 2. 782 SPH Reit unit. Overall, the 12% increase is a combination of cash portion increase (c. (“ PARAGON RM” or the “Manager”), the Manager of PARAGON REIT1 (formerly known as “SPH REIT”), today announced its financial results for the 16 months2 ended 31 December 2022 (“16M FY2022”). Suntec REIT (SGX:T82U) posted its results for the third quarter and first 9 months of the financial year 2020 (ended 30 September) this morning. 3 cents) for 1HFY2023 ended June, up 6. SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail. 8 cents per share; or an all-cash offer of $2. Prior to that, shares of SPH closed flat at $2. 37 cents; and tax-exempt income distribution of 0. SPH REIT will be part of the sponsor privatisation offer by Keppel Corporation(SGX:BN4). S. Chart. last Friday (29 October), to acquire all of the issued ordinary shares of SPH for S$2. 9%, reiterating tenants' confidence in SPH REIT's strategic assets. Overview of SPH REIT SPH REIT is a Singapore-based Real Estate Investment Trust (“REIT”) established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes. Headquarters. Change Of SPH REIT's Financial Year End From 31 August To 31 December. THE BUSINESS TIMES SPH Reit - Find SPH Reit News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. Announcement Details. 5 per cent, lower at 97 cents. Paragon REIT Reports Earnings Results for the Four Months Ended December 31, 2022. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 5% which I felt is low for a retail REIT and there is definitely further room for more acquisitions. SPH REIT. For Immediate Release Media Release SPH REIT successfully secures refinancing of S$280 million in a five-year loan 29. For the full year, gross revenue and net property income (NPI) jumped 7. (ii) The REIT Manager owns approximately 4. SPH REIT Commits To Pass On Fully The Property Tax Rebate Granted By The Singapore Government To Tenants Adversely Impacted By COVID-19, And Will Continue To Provide Further Rental Rebates. Ltd. 1% to SG$157. (SPH) dividend growth history: By month or year, chart. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. 36 per share or S$1. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of. The name change will take effect from Jan 3, 2023, onwards. Feb. Securities Act or otherwise pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or. SPH REIT maintained a solid portfolio occupancy rate of 97. Disclaimer. About the company. Summary. As manager of SPH REIT 29 December 2022 IMPORTANT NOTICE This Announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for units in the Trust (the “Units”). SPH REIT published this content on 13 June 2022 and is solely responsible for the information contained therein. 668 per share, 0. 0% interest in 15 properties, and a 100. 099 per share. 36. sg. 2 billion, Keppel will be offering S$2. 782 SPH REIT units per share. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. For context, the second largest shareholder holds about 26% of. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 5 cents per share, and 0. SPH REIT has obtained the approval of its trustee to change its name to Paragon REIT. 3 = $293 mil. Last Funding Type Post-IPO Equity. SPH REIT Management Pte. THE BUSINESS TIMES SPH Reit - Find SPH Reit News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. SPH REIT Management Pte. 14. 52 cents of DPU which was previously withheld from FY2020. 3% quarter-on-quarter (QoQ) and 313. 05 per. Stock Articles. THE manager of SPH Reit on Monday announced distribution per unit (DPU) of 1. is currently the largest shareholder, with 31% of shares outstanding. provides SPH shareholders with either a total consideration of S$2. The retail property component of the project is larger than some analysts had expected, and underscores the long-term value that SPH could tap from the project. S.