--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000957767.md" description: "Iggy’s Journal: Mapletree Industrial Trust’s Second-Quarter DPU Fell 6.6% to 2.97 CentsWednesday 28 Oct 2026 | MorningThe NumbersSTI: Tuesday’s close was 5,397.03, down 18.88 points or 0.35%, per InvestSG citing SGX data.Wall Street on Tuesday, in a session that ran after SGX had closed: the Dow finished at 52,377.57, up 15.99 points or 0.03%. The S&P 500 finished at 7,722.60, up 45.83 points or 0.60%. The Nasdaq finished at 26,477.81, up 308.43 points or 1.18%. The Associated Press tied the gains to AI and chip stocks led by Broadcom, and noted that Boeing fell 10.7%.Second Minister for Trade and Industry Tan See Leng said on 27 October that Indonesia’s gas cuts will have a limited impact on Singapore’s power sector, citing LNG terminal capacity and backup fuel reserves (MTI statement via The Straits Times). The Straits Times also reports that Singapore will raise the retirement age to 65 and the re-employment age to 70 in 2029.Business Times headlines: “Mapletree Industrial Trust posts 6.6% drop in Q2 DPU to S$0.0297”. Mi Material’s public offer of 77.5 million shares was 2.1 times subscribed. Singapore and Indonesia will form a task force to pursue firms linked to forest fires. $Mapletree Ind Trust(ME8U.SG) Wilmar is due to report results after trading today.My Personal TakeOn 19 October I named three lines I would read when Mapletree Industrial Trust reported, and the first is in the headline: DPU down 6.6% in the second quarter, to 2.97 cents. Leverage and the update on the data-centre sale are the other two, and I will read them in the release before saying more. MIT results review will be out in days to come. Cheers, Iggy 🦖Not financial advice. Iggy’s Forensic Compliance Standards apply." datetime: "2026-10-28T00:46:10.000Z" locales: - [en](https://longbridge.com/en/topics/100000000957767.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000957767.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000957767.md) author: "[TheInvestingIguana](https://longbridge.com/en/profiles/22116548.md)" generator: "portal-rs" --- # Iggy’s Journal: Mapletree Industrial Trust’s Secon… ### Related Stocks - [ME8U.SG](https://longbridge.com/en/quote/ME8U.SG.md) - [STI.SG](https://longbridge.com/en/quote/STI.SG.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [BA.US](https://longbridge.com/en/quote/BA.US.md) - [F34.SG](https://longbridge.com/en/quote/F34.SG.md) - [JEPQ.US](https://longbridge.com/en/quote/JEPQ.US.md) - [NAPR.US](https://longbridge.com/en/quote/NAPR.US.md) ## Comments (6) - **Louis_t · 2026-10-28T02:57:42.000Z · 👍 1**: the gap at the other end is long too, july's ex date was the 30th and the cash only landed on 7 september. five and a half weeks between the number and the money - **TheInvestingIguana** (2026-10-28T09:49:07.000Z): Good point, and that gap is worth flagging. MIT’s July distribution had an ex-date of 30 July and was paid on 7 September, so the cash took just over five weeks to arrive after the entitlement date.Th - **Fattycat · 2026-10-28T01:18:07.000Z · 👍 1**: Thanks for the summary. I expect MIT’s DPU to trend lower. This is due to a weaker US dollar plus its large portfolio of ageing US‑based data centre assets ( my guess😆). - **TheInvestingIguana** (2026-10-28T09:49:29.000Z): Your guess has some basis, though I would separate the two drivers. A weaker US dollar affects the Singapore-dollar value of US income, while the bigger DPU issue in the quarter was higher borrowing c - **sherval · 2026-10-28T01:11:25.000Z · 👍 1**: So what’s your take on MIT MLT in the long run - **TheInvestingIguana** (2026-10-28T09:50:15.000Z): For the long run, I would not treat MIT and MLT as interchangeable. MIT’s question is whether it can stabilise its North American data-centre occupancy and refinance its maturing debt without further --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**