Frasers Hospitality Trust Posts Q2 Net Property Income S$12.1 MLN

Frasers Hospitality Trust:Q2 Net Property Income S$12.1 Million Versus S$25.2 Million.Q2 Gross Revenue S$20.2 Million Versus S$34.6 Million.Declares Dps Of 0.3137 Cents For 2Q Fy2020.Distribution Rate After Retention For 1H20 0.3287 Cents/Stapled Security.To Temporarily Suspend Operations At Westin Kuala Lumpur For 2 Months, Starting 1 May.Operating With Minimum Manning Level On-Site Labour; Property Staff On Unpaid Leave & Furlough.Renegotiating With Vendors To Secure Better Pricing.Frasers Hospitality Trust- Limiting Or Discontinuing Food And Beverage Offerings.Anticipate Moderating Eventual Distribution Of S$25.3 Million Retained, Depending On Available Di Based On Fy20 Statements.Temporary Closure Of Rooms And Amenities By Floor.