Mapletree Commercial Trust raises $184 million for acquisition

The well-flagged deal triggers a slight gain in the unit price in the aftermarket. Meanwhile, the chairman of Haitian sells $100 million worth of shares in the maker of plastic moulding machines.
<div style="text-align: left;"> Bank of America Merrill Lynch Harbourfront, owned by MCT </div>
<div style="text-align: left;"> Bank of America Merrill Lynch Harbourfront, owned by MCT </div>
January 25, 2013

Mapletree Commercial Trust (MCT), a Singapore-listed real estate investment trust (Reit) focusing on a combination of retail and office properties, has raised S$225 million ($184 million) from a follow-on share issue to fund its earlier announced acquisition of a 19-storey office building named Mapletree Anson.

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