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Mapletree Logistics ( (SG:M44U) ) has shared an update.
Mapletree Logistics Trust has announced the issuance of 8,885,893 new units at S$1.2641 per unit on 14 February 2025. This issuance serves as payment for the base fee, property management fee, and lease management fee for properties across its portfolio from 1 October 2024 to 31 December 2024. This strategic move reflects the company’s ongoing efforts to manage operational costs efficiently and sustain its market position within the logistics real estate sector.
More about Mapletree Logistics
Mapletree Logistics Trust is a real estate investment trust based in Singapore, focusing on owning and managing logistics properties across several regions including Australia, Malaysia, Vietnam, Singapore, Hong Kong SAR, Japan, South Korea, India, and the People’s Republic of China. The company is primarily involved in property management, lease management, and the provision of various property-related services.
YTD Price Performance: 0.44%
Average Trading Volume: 18,243
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.59B
See more data about M44U stock on TipRanks’ Stock Analysis page.
