Fullerton, an investment manager that is an indirect subsidiary of Temasek Holdings, has disposed of 82,200 units of Mapletree Logistics Trust M44U (MLT) M44U for a total sum of $129,489.66 or $1.5753 each.
The disposal was done on Nov 23 via the market.
Following the disposal, Fullerton’s stake in MLT now stands at 0.359%.
MLT reported a distribution per unit (DPU) of 2.268 cents for its 2QFY2023/2024 ended Sept 30, 0.9% higher y-o-y. Distributable income for the quarter rose by 4.2% y-o-y to $112.5 million.
Units in MLT closed 1 cent higher or 0.63% up at $1.60 on Nov 23.
