August 8, 2017 / 5:45 AM / 10 days ago

BRIEF-Greenbay Properties says confident of H2 dividend guidance

Aug 8 (Reuters) - Greenbay Properties Ltd:

* EXPECTED THAT COMPANY'S DISTRIBUTABLE EARNINGS WILL EXCEED EXPECTED DIVIDEND AND, IN LINE WITH DIVIDEND POLICY, COMPANY WILL RETAIN EXCESS EARNINGS

* EXPECTS 25% GROWTH IN DIVIDENDS FOR 2018 FINANCIAL YEAR EQUITY RAISE OF APPROXIMATELY R2 BILLION THROUGH ISSUE OF NEW ORDINARY SHARES Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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