Mapletree North Asia Commercial Trust (MNACT) has emerged as the top Singapore Exchange (SGX)-listed stock acquired by institutional investors during the trading week that began on 21 March.
The REIT saw an almost SGD125 million inflow of institutional funds during the week, after its sister REIT Mapletree Commercial Trust (MCT) laid out an alternative term of merger, which provides for an all-cash option for MNACT unitholders.
Related: Sharon Lim to be CEO of Mapletree Pan Asia Commercial Trust
Dear members, please login to continue reading this article.
Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?