Mapletree Commercial Trust
From Taighde
Mapletree Commercial Trust is a subsidiary of Mapletree Investments, which in turn is a subsidiary of Temasek Holdings. It is believe they have around $4 billion in assets. These assets are in Singaporean based property. These properties include the HarbourFront and Alexandra Road areas.
Mapletree was listed on April 27 where it raised $900 million. Mapletree offered offered 713 million units to institutional investors and the public. An additional 102 million units are available as an overallotment option. [1] The company is hoping to raise up to $1.3 billion at its listing. The IPO was originally scheduled for March but was delayed over market turbulence. [2]
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