ESTIMATED DISTRIBUTION FOR FULL YEAR TO 30 JUNE 2009
Macquarie DDR Trust (MDT or Trust) today advises that it does not expect to pay a distribution to unitholders for the twelve months ended 30 June 2009. Management are focused on preserving Trust capital in the medium term to stabilise the balance sheet and reduce debt and liabilities.
The Manager has determined that, subject to the completion of certain capital management transactions prior to 30 June 2009, it does not expect to declare any distributable income.
Based on the above the Manager also notes that no taxable income is anticipated for the Trust in the FY2009 year.
MDT currently anticipates that it will announce its annual results to the ASX on Friday 21 August 2009.
I think what ever happens to mdt now, cer will do the same if no div
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no div for mdt
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