Sunday, July 27, 2008

Temasek unit to buy excess rights in Mapletree Trust


Source : Business Times - 24 Jul 2008

Mapletree Investments, a property firm owned by Singapore investment agency Temasek, said on Thursday it will support a rights issue by Mapletree Logistics Trust by buying units not taken up by other investors.

Mapletree Investments had earlier said it will subscribe in full to its 30.16 per cent rights entitlement in Mapletree Logistics, a property trust that invests in warehouses. — REUTERS


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