Key Points
- Net profit grew 273% to $1,045.8 million mainly from the divestment of one‐third stake in MBFC Phase 1.
- Core businesses recorded stronger earnings from better home sales in Singapore and China, larger profit contribution from K‐REIT Asia and higher fee income.
- Distribution of 18 cents per share, including a special dividend of nine cents per share proposed.
- The proposed final dividend, if approved at the Annual General Meeting to be held on 21 April 2011, is expected to be paid on or about 20 June 2011.
- Book closure for the distribution is on 28 Apr 2011.
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