Shares & Derivatives
Mapletree Industrial Trust – A Resilient Portfolio Anchored on Data Centres
By ProButterfly  •  August 18, 2020
All examples and stocks quoted here in this article and on the ProButterfly.com and REITScreener.com site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.
Mapletree Industrial Trust (MIT) announced that it will be hosting its Extraordinary General Meeting (EOGM) on the 27-Aug-2020 (Thu) to obtain shareholder approval for the proposed acquisition of the remaining 60.0% interest in 14 data centres located in the U.S. The total acquisition outlay including the transaction cost and acquisition fees add-up to approximately S$310.0mil. This comes after making the proposal in June 2020 and raising net proceeds of about S$410mil in...
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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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