Mapletree Logistics eyes $184m from primary placement

Singapore adobe stock AS 230x150
By Jonathan Breen
22 Oct 2019

Mapletree Logistics Trust is issuing a block of new shares to raise around S$250m ($183.6m) from investors.

The real estate investment trust (Reit) is selling 154.6m to 158.3m primary units at S$1.58 to S$1.62 apiece.

Global co-ordinators and bookrunners Citi, DBS and HSBC opened a one-day bookbuild for the placement on Tuesday morning in Singapore.

Based on the price guidance, the trio are marketing the ...

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