Daily BriefsSingapore

Singapore: Mapletree Commercial Trust and more

In today’s briefing:

  • SIAS Also Questions MCT/MNACT Merger, Countering/Supporting Quarz

SIAS Also Questions MCT/MNACT Merger, Countering/Supporting Quarz

By Travis Lundy

  • Quarz wrote an open letter questioning the Mapletree North Asia Commercial Trust (MAGIC SP) deal with MCT for MNACT shareholders, discussed here. They wrote another letter last Thursday.
  • Now, Securities Investors Association (Singapore) SIAS has come out with an open letter to MCT management questioning the deal. 
  • There are now activists on both sides questioning this deal. That is not necessarily a bad thing. 

Before it’s here, it’s on Smartkarma