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Keppel REIT declares lower Q3 distribution

Keppel REIT declared a distribution per unit of 1.40 Singaporean cents for the period from July 1 to Sept. 30, lower than the previous quarter's distribution of 1.42 cents.

The distribution will be payable to shareholders of record as of 5 p.m. Singapore time on Oct. 26 and will be paid Nov. 28.

As of Oct. 16, US$1 was equivalent to S$1.35.