BJT babcock & brown japan property trust

As per announcement 2 april..."The BJT Board currently...

  1. 505 Posts.
    As per announcement 2 april...

    "The BJT Board currently anticipates paying a distribution for the 2009 financial year equal to the taxable income of the Trust. On this basis, it is currently anticipated that the distribution for the current half year ending 30 June will be c.10.7 cents per unit. The final distribution is currently expected to be substantially satisfied by way of a pro-rata issue of new units to BJT unitholders and partially in cash. Taking into account the cash flows required for payments in respect of the internalisation transaction, BJT currently anticipates that it will have c.3.3 cents per unit of distributable cash for the current half year."
 
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