Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust Not to Pay Dividend for the Period of 1 October to 31 December 2019
March 02, 2020 at 10:31 am
The Board of Directors' Meeting of Strategic Property Investors Company Limited ("the Company") as the REIT manager of Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust ("SHREIT"), which was held on March 2, 2020 passed the resolutions as follows: 1. Since the operating result of the year 2019, the REIT has accumulated deficit so according to the covenant in part of payment of distribution to unitholders, the REIT manager would not pay distribution to unitholders for the period of 1 October to 31 December 2019.