I was looking through the FY2024 results of Netlink Trust ending 31 March 2024. It was shocking to see that once again, it is still paying out excessive distributions. Its accumulated losses ballooned to <-S$617Mil> as at 31 March 2024. Apparently since this is a “Business Trust”, it is thus “ok”. Today, I will be […]

source: https://thefinance.sg/2024/05/22/netlink-trust-6-13-distribution-yield-unsustainable-and-ballooning-accumulated-losses-of-s617mil/