Mapletree Industrial Trust: Launch Of Private Placement Of 90.4 Million New Units At S$1.935 To S$1.99 Per Unit To Raise S$175 Million.

12 Feb 2019 10:21

Mapletree Industrial Trust wishes to announce the proposed private placement of 90,440,000 new units to eligible institutional, accredited and other investors at an issue price of between S$1.935 and S$1.990 per New Unit, both figures inclusive, to raise gross proceeds of no less than approximately S$175.0 million, subject to an upsize option being exercised to issue up to 12,920,000 additional New Units to raise additional gross proceeds of no less than approximately S$25.0 million...

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