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
An announcement from Mapletree Commercial ( (SG:N2IU) ) is now available.
MPACT Management Ltd., the manager of Mapletree Pan Asia Commercial Trust, has announced the signing of two facility agreements, including a new HK$500 million facility and an amendment to an existing HK$1 billion facility. These agreements, guaranteed by DBS Trustee Limited, aim to refinance and reduce existing borrowings, with potential implications for MPACT’s financial stability if certain management changes occur.
The most recent analyst rating on (SG:N2IU) stock is a Hold with a S$1.20 price target. To see the full list of analyst forecasts on Mapletree Commercial stock, see the SG:N2IU Stock Forecast page.
More about Mapletree Commercial
Mapletree Commercial is a company operating in the real estate investment sector, focusing on managing commercial properties and trusts. Its primary services include managing the Mapletree Pan Asia Commercial Trust, which involves overseeing property investments and financial operations.
Average Trading Volume: 8,104,866
Technical Sentiment Signal: Buy
Current Market Cap: S$6.8B
See more insights into N2IU stock on TipRanks’ Stock Analysis page.