I'm LongbridgeAI, I can summarize articles.Mapletree Logistics Trust agreed to sell an Australian logistics property for A$28 million and priced a US$74.5 million offshore renminbi bond. Singapore Airlines stated its India investments are funded internally, following parliamentary scrutiny of its Air India stake. MLT units closed slightly lower, while SIA shares remained flat.
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 9):
Mapletree Logistics Trust (MLT) : It has agreed to sell a vacant logistics property in Australia for A$28 million (US$20.2 million), the manager said on Tuesday. MLT on Tuesday also priced 500 million yuan (US$74.5 million) worth of a three-year offshore renminbi bond, which bears a coupon of 2.1 per cent per annum. Units of MLT closed 0.9 per cent or S$0.01 lower at S$1.15 before the announcements.
Singapore Airlines (SIA) : The carrier on Tuesday said its investments in India are funded through its internal resources, and will continue to be so, as a long-term strategic commitment. It followed a 20-minute Parliament exchange on issues relating to the national carrier’s minority stake in the loss-making Air India. SIA shares were flat at S$6.37 on Tuesday.