$MAPLETREE LOGISTICS TRUST(M44U.SI)$ MLT rights issue is expiring 8 December 2021 at 12 noon. This is for existing shareholders as at 1 December 2021. Please note that that shares allocated to this rights issue are non-renounceable. That means you will not be able to sell on the open market. At SGD1.84 per share it is trading at a slight discount to yesterday's closing of SGD1.88.
However the good news is that there will be an Advanced Distribution of SGD0.01461 per share for the period October to December 2021.
I believe that the logistics business especially in Asia is going to grow exponentially. That is why I am going to subscribe to the rights issue. Check out my post coming out today on why I am Bullish on $MAPLETREE LOGISTICS TRUST(M44U.SI)$ . Go MLT!
@小虎活动 SG Stocks
@小虎AV SG Stocks
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