ApexHi still on track to meet year end forecast

Posted On Monday, 05 May 2008 02:00 Published by eProp Commercial Property News
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ApexHi Properties Limited has announced a 20,6% increase in quarterly distributions for the period 1 January 2008 to 31 March 2008, with a combined quarterly distribution of 85 cents (2007: 70,50 cents)

Gerald Leissner

 

 

 

 

 

The distribution for the nine months to 31 March 2008 therefore amounts to 246 cents per unit (2007 : 210,5 cents) and ApexHi CEO Gerald Leissner says the company is on track to meet its target of between 334 cents and 337 cents for the year ended 30 June 2008.

According to the distribution structure, the A units receive 33,75 cents (2007: 31,72 cents), the B units receive 41,25 cents (2007: 38,78 cents) and the C units receive 10 cents (2007: nil) for the current quarter.



Last modified on Monday, 21 April 2014 19:49

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