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MLT proposes private placement to raise some S$250m

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Vivienne Tay

Vivienne Tay

Published Tue, Oct 22, 2019 · 09:50 PM

Singapore

MAPLETREE Logistics Trust (MLT) is proposing a private placement to raise around S$250 million to partially fund its acquisitions, the trust's manager said on Tuesday.

It plans to issue between 154.6 million and 158.3 million new units at an issue price ranging from S$1.579 to S$1.617 per new unit.

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