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via EdgeSingapore RSS on 7/20/09
K-Reit Asia, an office landlord partly owned by Keppel Land, said its second-quarter distribution to shareholders rose 23%.
Distributable income was $17.5 million in the three months to June 30 from $14.2 million a year earlier, the trust's manager said in a statement to Singapore's stock exchange today.
Stockholders will get 2.64 cents a share, compared with 2.18 cents distributed a year earlier after the trust issued new shares, the statement said.
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