@Vomous:$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$ Merger news are out.Each MACT unit can be converted to:0.5009 MCT units + $0.1912Or 0.5964 MCT unitsHowever with MCT, Dividends yield will drop to 4.7%, current MACT dividend uield is about 6%. So basically you are selling the golden egg at a premium.MCT also get to buy the assets at NAV, whichis a good deal given the avg valuation of reits is about 1.1-1.2x P/BSo MCT gets a very good deal. NAC can also shed its reputation of being a HK stock. But in terms of benefits, MCT benefit more.