Stake changes: Mapletree Commercial, United Hampshire US REIT, Metech, Medi Lifestyle

Signage at Mapletree Commercial Trust’s VivoCity mallSignage at Mapletree Commercial Trust’s VivoCity mall

Singapore substantial shareholder changes: Mapletree Commercial Trust, United Hampshire US REIT, Metech International and Medi Lifestyle.

Mapletree Commercial Trust

BlackRock ceased to be a substantial unitholder of Mapletree Commercial Trust, with its interest falling to 4.99 percent from 5.2 percent after 6.98 million fewer units were held as collateral as of 3 January, according to a filing to SGX Wednesday.

United Hampshire US REIT

James E. Hanson II’s deemed interest in United Hampshire US REIT fell to 0.326 percent from 0.439 percent after the REIT’s manager disposed of 179,100 units at US$0.67 each on 3 January and 450,000 units at US$0.67027 each on 4 January, according to a filing to SGX Wednesday.

Hanson is deemed interested in the units held by the manager and by Hampshire Reinvestment LLC as he holds more than 20 percent interests in each entity, the filing said. He is a non-independent non-executive director of United Hampshire US REIT’s manager.

Metech International

Ng Eng Tiong, who became a substantial shareholder of Metech International in December, acquired 2 million shares in the market for S$710,000, taking his interest to 10.453 percent from 9.134 percent previously, according to a filing to SGX Wednesday.

Medi Lifestyle

I Concept Global Growth Fund has become a substantial shareholder of Medi Lifestyle after receiving around 40.20 million shares for S$1.60 million as payment of principal on a convertible loan, giving the fund a 7.27 percent stake in the company, according to a filing to SGX Wednesday.

The fund did not hold any Medi Lifestyle shares before the payment, the filing indicated.


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