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Mapletree Logistics ( (SG:M44U) ) has provided an update.
Mapletree Logistics Trust Management Ltd. announced that three of its subsidiaries have entered into new loan agreements with conditions similar to existing debt facilities. These conditions require MLTM to remain the manager of MLT and for the manager to be a subsidiary of Mapletree Investments Pte Ltd. A breach of these conditions could affect debt facilities amounting to approximately S$5,726 million, but no breaches have occurred as of the announcement date.
The most recent analyst rating on (SG:M44U) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on Mapletree Logistics stock, see the SG:M44U Stock Forecast page.
More about Mapletree Logistics
Mapletree Logistics Trust is a company based in Singapore, operating within the logistics industry. It focuses on managing a diversified portfolio of logistics properties across Asia-Pacific, providing essential infrastructure for supply chain operations.
Average Trading Volume: 16,564,403
Technical Sentiment Signal: Buy
Current Market Cap: S$6.37B
Find detailed analytics on M44U stock on TipRanks’ Stock Analysis page.