by Amruth Sundarkumar | May 24, 2022 | Corporates, Singapore Dollar Bonds
At an extraordinary general meetings (EGM) held on Monday, shareholders of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) approved the S$4.02bn ($3.1bn) merger deal, announced in January this year, to create Mapletree Pan Asia...
by Amruth Sundarkumar | Mar 21, 2022 | Singapore Dollar Bonds
The managers of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) are offering MNACT unitholders the entire consideration of S$1.1949 per unit, in a new cash-only scheme. This is a change as compared to its previous scheme when the S$...
by Amruth Sundarkumar | Nov 23, 2021 | Singapore Dollar Bonds
Mapletree Logistics Trust will acquire a portfolio of 17 grade-A logistics in China, Vietnam and Japan for a combined total value of S$1.4bn. The assets have an average age of 1.6 years. 13 of the properties are located in China, amounting to S$870mn. 3 properties are...
by Amruth Sundarkumar | Jun 3, 2021 | Singapore Dollar Bonds
Mapletree Investment reported net profits of S$1.85bn ($1.4bn) for FY20-21 ended-March, up 4% YoY. This included a one-off accounting gain from the deconsolidation of Mapletree Industrial Trust (MIT). Mapletree said that excluding the one-off gain, they achieved a net...
by bondevalue | May 4, 2021 | Singapore Dollar Bonds, Southeast Asia
Mapletree Industrial Trust raised S$300mn ($225mn) via a Perpetual non-call 5Y (PerpNC5) bond at a yield of 3.15%, 22.5bp inside initial guidance of 3.375% area. The bonds have expected ratings of BBB- and received orders over S$1.1bn, 3.7x issue size. Asset managers...
