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Mapletree Industrial ( (SG:ME8U) ) just unveiled an announcement.
Mapletree Industrial Trust has entered into a new loan facility agreement, guaranteed by DBS Trustee Limited, which includes conditions similar to its existing debt facilities. If the manager resigns or is removed without a suitable replacement, or if the manager ceases to be a subsidiary of Mapletree Investments, lenders may cancel commitments and demand immediate repayment of outstanding notes, impacting the trust’s financial obligations.
The most recent analyst rating on (SG:ME8U) stock is a Buy with a S$2.28 price target. To see the full list of analyst forecasts on Mapletree Industrial stock, see the SG:ME8U Stock Forecast page.
More about Mapletree Industrial
Mapletree Industrial Trust is a Singapore-based real estate investment trust that focuses on industrial properties. It is managed by Mapletree Industrial Trust Management Ltd. and is sponsored by Mapletree Investments Pte Ltd.
YTD Price Performance: -8.37%
Average Trading Volume: 9,604,939
Technical Sentiment Signal: Hold
Current Market Cap: S$5.59B
For detailed information about ME8U stock, go to TipRanks’ Stock Analysis page.