AIA International has divested 1,024,020 units of Singapore-listed Mapletree Greater China Commercial Trust.
The units were disposed on 3 January through an open market transaction, for a total consideration of about SGD961,621 (USD666,500).
This translates to about SGD0.94 received per unit, according to a disclosure filed with the Singapore Exchange on 4 January.
With the disposal, AIA International still has a holding of 82.7 million units, and remains a substantial unitholder of the REIT.
Mapletree Greater China Commercial Trust is a China-heavy mixed commercial (office and retail) REIT with a portfolio of three properties in Hong Kong, Beijing and Shanghai.
The REIT was first listed on the Singapore Exchange in 2013 at an initial offer price of SGD0.93.
Units of Mapletree Greater China Commercial Trust finished the trading day about 0.5% higher from its previous close on the Singapore Exchange to end at SGD0.945.