page contents

Mapletree Industrial Trust to raise at least S$175m in private placement

Tue, Feb 12, 2019 – 8:24 AM

MAPLETREE Industrial Trust (MIT) is proposing a private placement of 90.44 million new units to raise gross proceeds of no less than about S$ 175 million, which will mostly be used to partly refinance the acquisition of 18 Tai Seng Street, the Reit’s manager announced in a Singapore Exchange filing on Monday night. This is subject to an upsize option being exercised to issue up to 12.92 million addit…
The Business Times

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close