Thursday, September 26, 2013

Macquarie International Infrastructure Fund

Macquarie International Infrastructure Fund (MIIF): Completed the 40% stake sale of Changshu Xinghua Port to Pan-United for $112.2m. The fund will distribute the net proceeds from the sale through a capital reduction, amounting to 9.7¢/share to shareholders. The shares will trade ex-entitlements on 9 Oct. Consequently, MIIF provided a guidance of 0.8¢/share for its FY13 final dividend, for the six months ending 31 Dec 2013.

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