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US-China trade spat to have limited impact on Mapletree Logistics Trust's earnings, says OCBC

Michelle Zhu
Michelle Zhu6/21/2018 11:14 AM GMT+08  • 2 min read
US-China trade spat to have limited impact on Mapletree Logistics Trust's earnings, says OCBC
SINGAPORE (June 21): OCBC Investment Research is maintaining its “buy” call on Mapletree Logistics Trust (MLT) with a lower fair value estimate of $1.34 compared to $1.44 previously, after raising its discount rate assumption to 8.2% from 7.8%.
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SINGAPORE (June 21): OCBC Investment Research is maintaining its “buy” call on Mapletree Logistics Trust (MLT) with a lower fair value estimate of $1.34 compared to $1.44 previously, after raising its discount rate assumption to 8.2% from 7.8%.

This stems from OCBC adopting a more conservative stance on the REIT, in view of uncertainties and negative sentiment surrounding ongoing trade tensions between the US and China.


See: US protectionism and China deleveraging pace big worries for Asian stock investors: BlackRock

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