TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Mapletree Logistics ( (SG:M44U) ) has provided an announcement.
Mapletree Logistics Trust Management Ltd. announced that two of its subsidiaries have entered into a loan agreement with conditions similar to existing debt facilities. These conditions require Mapletree Logistics Trust Management to remain the manager and a subsidiary of Mapletree Investments Pte Ltd. A breach of these conditions could affect debt facilities amounting to approximately S$6,083 million, but no breach has occurred as of the announcement date.
More about Mapletree Logistics
Mapletree Logistics Trust is a company involved in the logistics industry, focusing on managing and investing in logistics properties. Its primary services include managing logistics assets and providing logistics solutions, with a market focus on Asia-Pacific regions.
YTD Price Performance: 6.56%
Average Trading Volume: 5,577
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.91B
See more insights into M44U stock on TipRanks’ Stock Analysis page.