Mapletree Industrial (SG:ME8U) has released an update.
Mapletree Industrial Trust has issued 672,699 new units to its management as part of a base fee payment, reflecting the operation of their data centers in the U.S. and Japan. The units were valued at S$2.4811 each, based on the recent 10-day trading average, increasing the total number of units in issue to over 2.84 billion. This strategic move highlights the trust’s ongoing commitment to expanding its data center portfolio internationally.
For further insights into SG:ME8U stock, check out TipRanks’ Stock Analysis page.
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