Mapletree Industrial (SG:ME8U) has released an update.
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Mapletree Industrial Trust has issued 672,699 new units to its management as part of a base fee payment, reflecting the operation of their data centers in the U.S. and Japan. The units were valued at S$2.4811 each, based on the recent 10-day trading average, increasing the total number of units in issue to over 2.84 billion. This strategic move highlights the trust’s ongoing commitment to expanding its data center portfolio internationally.
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