The Business Times
business-time-50

Stocks to watch: Mapletree Logistics Trust

google-preferred-sourceAdd BT as a preferred source
Chong Xin Wei

Chong Xin Wei

Published Fri, Jul 12, 2024 · 07:59 AM
    • Tenants in China are cautious amid an uncertain market outlook, says Mapletree Logistics Trust's manager.
    • Tenants in China are cautious amid an uncertain market outlook, says Mapletree Logistics Trust's manager. PHOTO: BT FILE

    THE following company saw new developments that may affect trading of its securities on Friday (Jul 12):

    Mapletree Logistics Trust (MLT): The trust expects negative rental reversions in China to persist over the next few quarters. This comes as tenants in China prefer not to renew leases ahead of their expiry, or are committing to shorter leases because of an uncertain market outlook, said its manager on Thursday. Units of MLT closed 4.8 per cent or S$0.06 higher at S$1.32, before the news.

    Stocks to watchSingapore Stocks

    TRENDING NOW

    The company says the disputes do not cast significant doubt on its viability as a going concern.

    Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    The deal for the sale of Scotts Square mall, just off Orchard Road, is said to be in the early stages of being worked out, at a price of about S$320 million.

    Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More