The new units issued pursuant to the private placement will, upon issue, rank pari passu in all respects with the existing units in issue on 1Apr 10, being the day immediately prior to the date on which the new units are issued, including the right to any distributions which may be paid for the period from the day on which the new units are issued, being Apr 11, to June 30, as well as all distributions thereafter, but will not be entitled to participate in the cumulative distribution.
Mapletree Logistics Trust (MLT) (SGX:M44U
) is issuing about 121.29 million new units on Apr 11 at an issue price of $1.649 per unit in a private placement, bringing the total units issued in private placements this year to about 4.94 billion new units.
The new units will commence trading on Singapore Exchange (SGX:S68) (SGX) at 9.00am on Apr 11.
