Following the disposal, Fullerton’s stake in MLT now stands at 0.359%.
MLT reported a distribution per unit (DPU) of 2.268 cents for its 2QFY2023/2024 ended Sept 30, 0.9% higher y-o-y. Distributable income for the quarter rose by 4.2% y-o-y to $112.5 million.
Units in MLT closed 1 cent higher or 0.63% up at $1.60 on Nov 23.