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Mapletree Industrial Trust raises S$400m through private placement

Singapore

MAPLETREE Industrial Trust (MIT) has raised S$400 million through a private placement of 176.6 million new units at S$2.265 per unit.

The pricing was at the top end of an indicative range of S$2.211 to S$2.265.

Following the news, MIT's price jumped S$0.07 or 3 per...

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