Brief: Mapletree Commercial Trust Proposes Fund Raising To Raise About S$902.3 Mln

Mapletree Pan Asia Commercial Trust

16/10/2019 02:36

Oct 16 (Reuters) - Mapletree Commercial Trust  MACT.SI :
    * PROPOSES EQUITY FUND RAISING BY OFFERING 406.5 MILLION NEW
UNITS
IN MCT TO RAISE GROSS PROCEEDS OF NO LESS THAN S$902.3 MILLION
    * INTENDS TO USE ABOUT S$884.9 MILLION OF GROSS PROCEEDS TO
PARTIALLY FUND ACQUISITION OF MAPLETREE BUSINESS CITY

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Further company coverage:  MACT.SI 

 (Reuters.Briefs@thomsonreuters.com)