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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Mapletree Industrial IPO priced 93 cents

Posted on 12 October 2010

From Asiaone.com: Mapletree Industrial Trust, a property trust linked to Singapore state investor Temasek, will raise at least S$853 million ($654 million) after pricing its IPO at the top of the indicative range, sources said on Monday.
Mapletree Industrial will sell units at S$0.93 each, which translates to an annualised dividend yield of about 7.6 percent. The trust had earlier set a indicative range of S$0.88 to S$0.93 a unit……………………………………….Full Article: Source


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