Brief: Sunlight REIT Resolved To Declare Interim Distribution Per Unit Of HK 12.2 Cents

Sunlight Real Estate Investment Trust

15/02/2022 10:36

Feb 15 (Reuters) - Sunlight Real Estate Investment Trust
 0435.HK :
    * RESOLVED TO DECLARE INTERIM DISTRIBUTION PER UNIT OF HK
12.2
CENTS
    * HY REVENUE HK$404.3 MILLION VERSUS HK$399.5 MILLION
    * HY PROFIT AFTER TAXATION NOTE HK$234.2 MILLION VERSUS LOSS
OF
HK$194.1 MILLION
    * MANAGER BELIEVES THAT THE PROSPECTS FOR SUNLIGHT REIT
REMAIN
SOLID
    * ON ASSET ENHANCEMENT, MANAGER EXPECTS TO START EXTENSIVE
OVERHAUL OF MCPI, CURRENTLY TARGETED TO COMMENCE IN Q3 OF 2022
    * REITERATES REFINANCING EXERCISE IN RESPECT OF SUNLIGHT
REIT’S
TERM  LOANS DUE BY JUNE 2022 WILL BE "SHORTLY & FAVOURABLY
CONCLUDED"

Source text for Eikon:  ID:nHKS45S6sC 
Further company coverage:  0435.HK 

 ((Reuters.Briefs@thomsonreuters.com;))