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 pared some of their strong morning gains as trading resumed on Tuesday afternoon, with the Straits Times Index advancing 0.60 per cent or 19.04 points on the day to 3,204.57 as at 1.05pm.
