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An update from Mapletree Industrial ( (SG:ME8U) ) is now available.
Mapletree Industrial Trust has issued 758,874 new units at S$2.2003 per unit to pay the manager’s base fee for the quarter ending December 31, 2024, pertaining to properties in the USA and Japan. This strategic issuance could enhance the company’s operational liquidity and reinforce its presence in the data center sector, potentially impacting stakeholder value positively.
More about Mapletree Industrial
Mapletree Industrial Trust is a real estate investment company based in Singapore, focusing on the acquisition and management of industrial properties including data centers. It operates internationally with assets in locations such as the United States and Japan.
YTD Price Performance: -0.24%
Average Trading Volume: 3,610
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.37B
Learn more about ME8U stock on TipRanks’ Stock Analysis page.