SG briefs: Mapletree Industrial Trust, PSA Intl, UOL, Singapore Land

Singapore's container port. Photo taken November 2021Singapore's container port. Photo taken November 2021

Singapore company briefs: Mapletree Industrial Trust, PSA International, UOL and Singapore Land.

Mapletree Industrial Trust

Mapletree Industrial Trust said Thursday it has completed the divestment of the property at 19 Changi South Street 1 in Singapore.

After the deal’s completion, the trust’s portfolio has 142 properties, including 85 in Singapore and 57 in North America, the REIT said in a filing to SGX.

Read more: Mapletree Industrial Trust to divest 19 Changi South property for S$13M

PSA International

PSA International said Thursday it has priced S$650 million 2.88 percent guaranteed notes due 2027, with the proceeds earmarked for financing general corporate requirements or investments, including financing new acquisitions, refinancing existing borrowings, working capital, capital expenditure and other general funding.

DBS Bank and OCBC were appointed joint lead managers and bookrunners for the notes, the port operator said in a filing to SGX.

UOL and Singapore Land

United Venture Development (Watten), a joint venture between UOL and Singapore Land, has completed the collective purchase of the Watten Estate Condominium at 36-44 Shelford Road in Singapore, UOL and Singapore Land said in filings to SGX Thursday.

Read more: UOL, Singapore Land JV wins bidding for Watten Estate Condo en bloc