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M44U - Mapletree Logistics Trust News Story

S$1.94 0.0  0.5%

Last Trade - 4:30am

Sector
Financials
Size
Large Cap
Market Cap £4.41bn
Enterprise Value £6.58bn
Revenue £299.5m
Position in Universe 331st / 6099

BRIEF-Mapletree Logistics Trust Announces Proposed Acquisitions Of 100% Interest In 7 Properties And Remaining 50% Interest In 15 Properties In China

Mon 19th October, 2020 11:31am
Oct 19 (Reuters) - Mapletree Logistics Trust  MAPL.SI :
    * ANNOUNCES PROPOSED ACQUISITIONS OF 100% INTEREST IN 7
PROPERTIES
AND REMAINING 50% INTEREST IN 15 PROPERTIES IN CHINA
    * AGGREGATE CONSIDERATION FOR PRC PROPERTIES ESTIMATED TO BE
RMB744.4 MILLION
    * ANNOUNCES PROPOSED ACQUISITIONS OF PROPERTY IN MALAYSIA AT
ABOUT
402.5 MILLION RGT
    * TOTAL ACQUISITION COST OF THE PROPERTIES ESTIMATED TO BE
ABOUT
S$1,090.2 MILLION
    * ACQUISITIONS ARE EXPECTED TO BE DPU AND NAV PER UNIT
ACCRETIVE
    * ANNOUNCES PROPOSED ACQUISITIONS OF A PROPERTY IN VIETNAM
AT
ABOUT US$22.2 MILLION

Source text for Eikon:  ID:nSN1KqLMv 
Further company coverage:  MAPL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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