Shares & Derivatives
[Paywall] MLT share price (SGX: M44U) met hurricane!
By SG Wealth Builder  •  January 11, 2022
What a cocktail of headwinds for Mapletree Logistics Trust (MLT). Following the $700 million equity fund raising announced on 23 November 2021, MLT share price plunged from $2.00 to the current low of $1.78. To rub salt into injury, the proposed merger between Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) compounds further misery on MLT share price as market rumours spread like wildfire that the MLT and MINT could be the next merger on the cards. To put things into perspective, rumours of a merger between MLT and MINT have been brewing for a number of years. To address the market rumours, the management clarified on 10 January 2022 that there was no plan to merge MLT and MINT as both entities have different investment mandates and operate in different asset classes. Despite that clarification, the recent merger between MCT and MNACT rattled MLT share price....
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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