Byte Sized News Release: ARA posts 1H16 net profit of S$38.7 million ARA Asset Management Limited (ARA) is reported total revenue of S$81.6 million and net profit of S$38.7 million for the quarter ended 30 Jun 16. Recurrent management fees for 1H16 grew strongly by 10% to S$68 million, underpinned

Byte Sized News Release: ARA posts 1Q16 net profit of S$19.4 million ARA Asset Management Limited (ARA) reported total revenue of S$41.4 million and net profit of S$19.4 million for the quarter ended 31 Mar 16, resulting in net profit margin of 46.8%, down from 50% for FY2015. Recurrent management fees for 1Q16 grew

First REIT recently released the results of the EGM that was held on 29 Dec 2015. The resolution was to seek shareholder’s approval of the proposed asset swap of Siloam Hospital Surabaya (SHS) with an interested person (Lippo Karawaci, First REIT’s sponsor). 98.26% voted for the resolution. It was quite