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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.
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