Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)

Mapletree Logistics Trust (MLT) finished the trading on 24 November about 2% lower from its previous close after issue prices for its recently launched fundraisers were disclosed.

MLT had earlier announced on 23 November that it plans to raise about SGD700 million for acquisitions in China, Vietnam, and Japan.

Related: Mapletree Logistics Trust launches SGD700 million fundraiser for 17-asset acquisition

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.