In QuotedData’s morning briefing 19 August 2022:
- Temple Bar (TMPL) has upped its full year dividend forecast from 8.2p to 9.0p, as revenue has been better than expected. The trust outperformed the All-Share over the six months ended 30 June 2022, returning -4.0% to the index’s -4.6%. Shareholders ended up with a return of +0.2% as the discount narrowed (helped by the buyback of 2m shares). At the next AGM, Richard Wyatt will take over from Arthur Copple as chairman.
- Macau Property Opportunities (MPO) recently announced the sale of four units located in The Waterside Macau for a combined HK$113.4m (c.$14.4m). Today it confirms completion of the two remaining units sold and receipt of the balance of the sale proceeds of HK$42.5m (c.$5.4m).
We also have news of a new investment by HICL Infrastructure