$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 + $0.1912

Or 0.5964 MCT units

However 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/B

So 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. 

# SGX Stocks Opportunities

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • SPOT_ON
    ·2022-01-05
    RCEP - WORLD'S LARGEST FREE TRADE AGREEMENT JUST KICK OFF AFTER 10 YEARS OF HARD NEGOTIATIONS

    SHIPPING PORTS WILL EXPERIENCE UNPRECEDENTED BOOM

    $HUTCHISON PORT HOLDINGS TRUST(NS8U.SI)$

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    • SPOT_ON
      HPHT PAY 9% DIVIDEND YIELD HIGHER THAN ANY OTHER REITS

      TRADE AT ONLY 0.56x BOOK VALUE/NAV

      P/E :11

      👍 👍 👍 👍 👍 👍 👍 👍

      2022-01-05
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  • Samlunch
    ·2022-01-03
    Expect mct to sell down. Pro forma yield is 5.5% at $1.72
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  • Maddy1234
    ·2022-01-04
    good stock
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  • Lao Tzu Ang
    ·2022-01-04
    Survival
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  • Kriminot
    ·2022-01-06
    its voting time!
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  • Moolele
    ·2022-01-05
    10% drop in 2 days, sick
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  • Adestein
    ·2022-01-04
    Should collect more MCOT when
    It is drop?
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  • SteadyDoesIt
    ·2022-01-03
    Unclear if there are real benefits to be had that make it worthwhile
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  • Upupupupup
    ·2022-01-03
    [财迷] [财迷] [财迷] [财迷] [开心] [开心] [开心]
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  • kenjoe
    ·2022-01-03
    Have bought both, both were good returns.
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  • IZTan
    ·2022-01-03
    all the best
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  • Albert945
    ·2022-01-03
    thanks for sharing
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  • C C
    ·2022-01-02
    good, hope we see more positive trend in coming quarters
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  • ddb
    ·2022-01-02
    Like pls
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  • jasmine_tan
    ·2022-01-02
    good stuff! thanks for the analysis as i own both MCT and MACT
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  • Freakazoid
    ·2022-01-05
    Is the div sustainable?
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  • Simplehuman
    ·2022-01-03
    wait for the price go down
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  • Ahzhun
    ·2022-01-03
    What will happen to nac holders?
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  • Jas111
    ·2022-01-03
    Very good article
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  • CharlesW
    ·2022-01-03
    Maple NAC should rise to close to offer price
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