At MCT’s EGM, some 91.67% of the total number of votes were in favour of the merger. The other resolutions were passed as well.
Unitholders of both Mapletree Commercial Trust and Mapletree North Asia Commercial Trust have approved the proposed merger of the two REITs at their respective EGMs held earlier on May 23.
The two REITs will proceed to form Mapletree Pan Asia Commercial Trust, expected to be one of the ten largest REITs in Asia.
