Metro Holdings

[kayhian]

Lim & Tan noted:

Metro Holdings (95 cents, up 1 cent) full year profi t rose 65% to
$107mln, underpinned by $41mln gain in fair value gains from
investment properties, $30mln gain on disposal of a warehouse
in Singapore and $19mln gain in negative goodwill on acquisition
of an additional interest in the jointly controlled entities owning
EC Mall in Beijing. On the back of the good performance,
management has doubled its special dividend to 4 cents a share
and including the normal dividend of 2 cents a share, yield is an
attractive 6.3%. Price to book is 0.66x.

wow ..... pleasant surprise