SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday :
Mapletree Industrial Trust : MIT has raised $400 million through an oversubscribed private placement of 176.6 million new units at an issue price of $2.265 per unit, the top end of the issue price range of $2.211 to $2.265. The trust called for a trading halt on Tuesday morning, and has requested to lift it on Wednesday. It last traded flat at $2.33 on Monday.
Sing Investments & Finance: The board of Sing Investments & Finance has clarified that its substantial shareholders and persons acting in concert as a whole held more than 30 per cent of the voting rights of the company as at March 2, 2018 and March 1, 2019. However, because they have not increased their voting rights by more than 1 per cent in any six-month period, there is no obligation for the group to make a general offer for the remaining shares in the firm.