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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Mapletree Industrial stock surges in Singapore trading debut

Posted on 22 October 2010

From Bloomberg: Mapletree Industrial Trust, controlled by Temasek Holdings Pte, jumped on its first trading day after raising S$938.5 million ($721 million) in an initial public offering to repay debt and buy properties in Singapore.
Mapletree Industrial, led by Chief Executive Officer Tham Kuo Wei, surged as much as 29 percent to S$1.20 from the sale price of 93 Singapore cents, the top end of the range marketed to investors……………………………………….Full Article: Source


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