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BRIEF-Mapletree Logistics Trust To Buy Seven Logistics Properties In Malaysia, Vietnam And China

Reuters SG

Oct 21 (Reuters) - Mapletree Logistics Trust:

* PROPOSED ACQUISITIONS OF SEVEN LOGISTICS PROPERTIES IN MALAYSIA, VIETNAM AND CHINA

* CONSIDERATION FOR MALAYSIA ASSET PURCHASE AGREEMENT IS MYR826.0 MILLION (S$269.9 MILLION)

* PROPOSED ACQUISITIONS ARE EXPECTED TO BE DISTRIBUTION PER UNIT AND NET ASSET VALUE PER UNIT ACCRETIVE

* ANNOUNCES PROPOSED ACQUISITION 50% STAKE IN EACH OF FOUR LOGISTICS PROPERTIES IN CHINA FOR ABOUT RMB314.3 MILLION (S$60.7 MILLION)

* TO BUY TWO LOGISTICS PROPERTIES IN VIETNAM AT AN ACQUISITION PRICE OF APPROXIMATELY USD38.9 MLN Source text for Eikon: Further company coverage: