Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

BRIEF-Starhill Global REIT Updates Various Measures To Stem Spread Of COVID-19

Published 08/04/2020, 08:38 pm
Updated 08/04/2020, 08:42 pm

April 8 (Reuters) - Starhill Global Real Estate Investment Trust STHL.SI :

* TO PROVIDE MORE RENTAL RELIEF TO ELIGIBLE RETAIL TENANTS OF SINGAPORE PROPERTIES IMPACTED BY COVID-19

* FROM QUARTER ENDED 31 MARCH, TO SWITCH FROM QTRLY TO SEMI-ANNUAL DISTRIBUTION

* YTL STARHILL GLOBAL'S BOARD OF DIRECTORS TO TAKE 20% CUT IN DIRECTORS' FEES FOR 3 MONTHS FROM APRIL

* RETAIL TENANTS AT ASSETS IN SINGAPORE, AUSTRALIA AND CHINA HAVE BEEN IMPACTED BY LOWER TOURIST ARRIVALS

* YTL STARHILL GLOBAL'S CEO & CFO TO TAKE PAY CUT OF 10%, SENIOR STAFF TO TAKE PAY CUTS OF 5% FOR 3 MNTHS

* SAVINGS FROM SALARY ADJUSTMENT TO BE PASSED TO UNITHOLDERS

* EVALUATING PACKAGE TO SUPPORT TENANTS OF PROPERTIES IN ADELAIDE & PERTH

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.