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Mapletree Commercial ( (SG:N2IU) ) just unveiled an announcement.
MPACT Management Ltd., the manager of Mapletree Pan Asia Commercial Trust, has announced a joint venture entering into a facilities agreement worth KRW269 billion. The agreement includes conditions that could trigger a mandatory prepayment event if certain managerial changes occur, potentially impacting borrowings amounting to approximately S$5,936.5 million.
The most recent analyst rating on (SG:N2IU) stock is a Buy with a S$1.50 price target. To see the full list of analyst forecasts on Mapletree Commercial stock, see the SG:N2IU Stock Forecast page.
More about Mapletree Commercial
Mapletree Commercial is a company involved in real estate investment, focusing on commercial properties across Asia. It operates through a trust structure and is managed by MPACT Management Ltd., with Mapletree Investments Pte Ltd as its sponsor.
Average Trading Volume: 9,712,007
Technical Sentiment Signal: Buy
Current Market Cap: S$7.44B
See more insights into N2IU stock on TipRanks’ Stock Analysis page.