After the quarterly review, the STI will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said Thursday.
These are Singapore companies which may be in focus on Wednesday, 27 November 2019: OCBC, SGX, Hyflux, ST Engineering, Mapletree Logistics Trust and JUMBO.
Mapletree Logistics Trust obtained a S$200M sustainability-tied loan from OCBC, the trust’s first foray into sustainable financing, the trust said Thursday.
These are Singapore companies which may be in focus on Friday, 1 November 2019: Keppel, Yangzijiang, Ascott Residence Trust, AA REIT, Hi-P and Sabana REIT.
Mapletree Logistics Trust said Wednesday its private placement of 154.61M new units met with strong demand and priced at the top of its indicative range.
Mapletree Logistics Trust launched a private placement of 154.61 million to 158.33 million new units to raise around S$250 million, the REIT said Tuesday.
Mapletree Logistics Trust reported Monday its fiscal 2Q net property income rose 21% on-year to S$109.13M, coming in slightly ahead of a Daiwa forecast.
Mapletree Logistics Trust said Monday it plans to acquire seven logistics properties across Malaysia, Vietnam and China for around S$383.9 million.
Mapletree Logistics Trust said Tuesday it entered a conditional deal to acquire an under-development logistics warehouse in Australia for A$18.4 million.
Analysts weigh in on Mapletree Logistics Trust’s fiscal first quarter earnings report.
Mapletree Logistics Trust reported Monday its fiscal1Q net property income increased 18.2%on-year on the redevelopment of Mapletree Ouluo Logistics Park.
Daiwa downgraded Mapletree Logistics Trust to Sell, saying valuations are “increasingly unattractive” and underlying DPU growth has been “negligible.”