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Anonymous

04 Jun 2021

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Thoughts on buying up ME8U rights issue @ 2.64 per share

Recently investrd in Mapletree Industrial Trust and was sent an email regarding rights issue. Wanted to hear everyone’s opinion on whether to take it up.

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Tan Choong Hwee

04 Jun 2021

Investor/Trader at Home

You have the cash to subscribe to the rights, it is advisable to do so. You are getting new shares at $2.64, which is below the current market price at $2.77. You can also apply for excess rights to lower your average buy price and own a bigger piece of ME8U.

If you don't subscribe, your shareholdings will be diluted in terms of % of total shares.

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