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Mapletree Commercial Trust (MCT)
Broker's Calls
Maybank downgrades MPACT to 'hold' with lower TP of $1.65
With the merger comes along execution and foreign exchange (forex) risk, says analyst Krishna Guha.
February 20, 2023
Results
MPACT reports 3QFY2023 DPU of 2.42 cents, unchanged from previous year
Although gross revenue was boosted by full quarter contribution from its merger properties, DPU was dampened by higher costs.
January 31, 2023
Results
MPACT reports 1HFY2023 DPU of 4.94 cents, 12.5% higher y-o-y
The REIT manager announced that distributions to its unitholders will be on a quarterly basis from the 3QFY2022/2023 onwards.
October 27, 2022
Broker's Calls
MCT recovery underway as proposed merger could see the REIT grow significantly larger
The merged entity Mapletree Pan Asia Commercial Trust would become one of the largest REITs by market cap listed in Asia.
August 04, 2022
Results
MCT's 1QFY2023 NPI lifts by 10.1% to $106.7 mil
As at June 30, MCT’s committed portfolio occupancy stood at 97.2%.
July 29, 2022
Broker's Calls
UOB Kay Hian lowers MCT's TP to $2.24 on imminent merger with MNACT
UOB Kay Hian analyst Jonathan Koh called the preferential offering a "mere formality".
July 19, 2022
REITs
MCT's preferential offering to open on July 12
Unitholders will have till July 20, at 5.30 pm, to accept, apply and pay for the units under the preferential offering.
July 12, 2022
Broker's Calls
Analysts largely positive on MCT amid continued recovery from Covid-19
Photo: MNACT
April 26, 2022
Broker's Calls
Maybank keeps ‘buy’ on MCT as 2HFY2022 DPU comes in line with expectations
Photo: MNACT
April 25, 2022
Results
Mapletree Commercial Trust's FY2022 DPU rose marginally
In its final year as one of the few pure-play Singapore REITs, Mapletree Commercial Trust's DPU rose marginally to 9.53 cents
April 20, 2022