Mapletree Commercial Trust (MCT) is proposing to buy a business park in Pasir Panjang at an agreed property value of S$1.55 billion from Heliconia Realty, a direct wholly-owned subsidiary of Mapletree Investments, MCT’s sponsor.
Singapore stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.18 per cent or 5.72 points to 3,235.15 as at 1.02pm.
