K-Reit Asia, the office landlord owned by Keppel Land, says its third-quarter distribution to shareholders will be $18 million, up 18.3% compared to 3Q08. This means a distribution unit of 2.69 cents.
Turnover for 3Q2009 was $15.7 million, an increase of $1.8 million or 12.9% over 3Q2008. This improvement was due mainly to positive rental reversions.
ASBIS, an expert in the distribution of Information Technology products to the EMEA emerging markets, has signed a distribution agreement with Kerio Technologies Inc., a leading innovator in IT security and messaging. This agreement licenses ASBIS to distribute Kerio MailServer and Kerio WinRoute Firewall to its partners in Eastern Europe. As value added distributor, ASBIS [...]
KEK Distribution Director in Uroševac Izet Rusiti said that electricity will be given to 15 regional villages, with Štrpce being excluded, however. “Electricity has been given to everyone but residents in Štrpce, which is the municipal headquarters, because the residents of Štrpce have not paid the lump sum of EUR 26 for 70 percent of households, as it was agreed on,†Rusiti said.
Cisco Systems, which began its aggressive push into the power distribution space in May, is partnering with energy metering technology maker Landis+Gyr to create smart grid solutions that will benefit both the companies that generate and distribute energy and the people who consume it. Power distribution is one of 30 market sectors that Cisco is aiming its solutions at.
– Cisco Systems is teaming up with Landis+Gyr, a Switzerland-based maker of
energy metering technology, to develop solutions for smart grid environments.
The partnership, announced July 31, will incorporate Ciscos expertise in
networking and security and Landis+Gyrs metering infrastructure and
app…
Starhill Global REIT says it has achieved a distributable income of $18.4 million for 2Q 2009.
Distribution Per Unit (DPU) for the period 1 April to 30 June 2009 was 1.90 cents, 6.7% higher compared to the 1.78 cents achieved in 2Q 2008.
On an annualised basis, Starhill Global says the latest distribution represents a yield of 12%.
Frasers Commercial Trust, a unit of Fraser & Neave, says net property income fell 5.2% for the quarter ended June 30 (2Q2009) compared to the performance of 1Q2009.
This was primarily attributable to the cessation of income support at KeyPoint and the under-performance of Cosmo Plaza, the Osaka property earmarked for divestment.
The increase in distributable income in 2Q09 translated to a stable distribution per unit (DPU) of 0.73 cents, marginally higher than 1Q09 by 1.4%. Unitholders will receive a total 1H09 distribution of 1.44 cents on Aug 28.
JEL Corporation (Far East), a unit of Mainboard-listed JEL Corporation (Holdings), has been awarded exclusive distribution rights for the entire range of photographic products from Tamrac, Inc.
JEL Corporation (Holdings) is an established distributor of photographic, IT, fast-moving consumer goods, and timepieces, with distribution networks spanning Africa, Asia, and the Middle East.
If parties are not mutually and equally well informed, those with more information are likely to wind up with all of the wealth and those with less information will wind up with none of the wealth.
There is so much misunderstanding flying around about the economics of content on the web and the role of Google in the web’s content economy that it’s making my head hurt. So let’s see if we can straighten things out.
Google isn’t stealing content from newspapers and other media companies. It’s stealing their control over distribution, [...]
ASBIS has been set up as the official distributor of Corsair Memory in the territory of Ukraine. Corsair Memory, a US-based company, has been a leader in the design and manufacture of high-speed modules since 1994. The company focuses on supporting the special demands of mission-critical servers and high-end workstations, as well as the performance demands of extreme gamers and overclockers.
ASBIS has struck a deal with Pioneer Europe NV providing for the distribution of the whole range of Pioneer optical disc drives (ODDs) throughout the countries of ASBIS’ presence across Central and Eastern Europe, including Russia and Ukraine, and Africa.
Having long and successful co-operation since year 2000 Asbis and Transcend are focused on developing the successful future partnership by adding new ASBIS markets and increasing Transcend market share in existing franchise territories. The distribution certificate for the year 2005 was presented to ASBIS by Transcend in early December this year.
ASBIS, a leading supplier of computer components to the EMEA emerging markets, announced today that it will terminate distribution agreement with Maxtor.
