Halted for 2 days alr
$Mapletree PanAsia Com Tr (N2IU.SG)$ $Mapletree NAC Tr (RW0U.SG)$
Both halted for 2 days, seems like sth abnormal is going on.
Both halted for 2 days, seems like sth abnormal is going on.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
woolsheep : so long..whats going on
xmomentx : Yup . Waiting and waiting . These two reits are one of my largest reit holdings
IceLemonade OP xmomentx : Haha, then you shouldn’t be worrying about the rumoured merger thing!
xmomentx IceLemonade OP : Still affect . Partial of NAC are in Cpf investment acct instead .
lady on street : No trading mean rally up soon
Fungicide : 2 days suspension without any further announcement gives me the impression that this exercise is not well planned. Gives investors a lot of uncertainty, feels like they haven't ironed out the finer details of any deals they want to make
IceLemonade OP Fungicide : Or sth unexpected happened. A possible scenario is, there’s a merger between MCT and MNACT later. While some insider leaked this info and start insider trading (see MNACT sudden rally before the halt). So they have to halt the trading of both counter immediately and work very hard to reach a plan.
woolsheep : or cancel the plan
IceLemonade OP woolsheep : Hopefully, but no signs yet. MNACT announced that they changed one legal representative last night, but nothing more.