From a high of $1.36 in January 2018, unit price of Mapletree Logisitics Trust plunged to the current $1.24 level. The correction must have caused much agony for investors even if the DPU of $0.06 issued in 2018 had been factored in. In my humble opinion, the fall of Mapletree Logistics Trust unit price could be attributed to the equity fund-raising exercises in recent months. Private Placements On 19 September 2019, Mapletree Logistics Trust launched yet another private placement to raise estimated proceeds of about $475 million to fund the acquisition of the 5 logistics properties from CWT International Limited. A total of 309,917,000 New Units will be issued pursuant to the Private Placement, at discounted price between $1.196 and $1.234 per new unit. This is the third private placement by Mapletree Logistics Trust in a row since August 2017. In May 2018, Mapletree ......