Mapletree Industrial Trust Issues New Units to Pay Manager’s Base Fee
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Mapletree Industrial Trust has issued 816,401 new units at S$1.9613 each to pay its manager's base management fee for the quarter ending March 31, 2026. This issuance, based on the 10-day volume-weighted average price, includes payments for managing 29 U.S. data centers and one in Osaka, Japan. The manager's stake increased to 34,468,114 units, raising MIT's total units to 2,855,003,431. The latest analyst rating for SG:ME8U is a Hold with a price target of S$2.07.
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