DBS Bank has bought 164,000 units in Mapletree Industrial Trust ME8U (MINT) on Oct 30, for a purchase consideration of $0.4 million or $2.41 apiece.
Following the transaction, DBS’ stake in MINT came up to 0.751%.
On Sept 23, DBS also bought 335,000 units in MINT for $0.8 million, or $2.45 per unit. This brought the bank’s stake to 0.65%.
For the 2QFY2025 ended September, MINT reported a distribution per unit (DPU) of 3.37 cents, up 1.5% y-o-y.
Units in MINT closed 8 cents lower, or down 3.42%, at $2.26 on Nov 7.
