Personal Finance
CapitaLand Mall Trust and CapitaLand Commercial Trust Proposed Merger: What It Means for Investors
By Seedly  •  January 22, 2020

Two CapitaLand Limited (SGX: C31) entities — CapitaLand Mall Trust (SGX: C38U) and CapitaLand Commercial Trust (SGX: C61U) — are looking to merge.

This follows hot on the heels of another proposed merger between Frasers Logistics & Industrial Trust (SGX: BUOU) and Frasers Commercial Trust (SGX: ND8U).

What should investors make of the latest news? Let’s dig in more.

TL;DR: Merger of Two CapitaLand REITs 

Some key highlights from the proposed merger:

The merger will be carried out by CapitaLand Mall Trust acquiring all CapitaLand Commercial Trust units by way of a trust scheme of arrangement. For every 1 CapitaLand Commercial Trust unit held, the unitholder will receive 0.72 unit in CapitaLand Mall Trust and S$0.259 in cash. The combined entity, CapitaLand Integrated Commercial Trust, is expected to be the third-largest REIT in the Asia Pacific region and the largest REIT in Singapore with a property value of S$22.9...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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