(CFD) Mapletree Industrial Trust Non-renounceable Rights Issue  Blog, MSF, POEMS  May 24, 2021

Please be informed that Mapletree Industrial Trust (MIT) is undergoing a non-renounceable rights issue of 1 per 20 existing shares. The ex-date is 28 May 2021, Friday. Phillip CFD will be catering for the rights for both LONG and SHORT positions. For clients with LONG positions who are intending to hold their positions past the ex-date and subscribe to the rights, you or your Trading Representative will need to email Phillip CFD at cfd@phillip.com.sg to indicate the quantity of the rights you intend to subscribe by 8 June 2021. Over-subscription of rights is not allowed. The new CFD position from the rights subscription will be created in your account at the subscription price on pay date. Clients will need to ensure there is sufficient funds in their CFD account to support the margin required for the new position on pay date to avoid any margin call/deficit. For clients with SHORT positions, please take note of the following: 1) Between the subscription date, the lenders of the scrips, which are used as a hedge for clients’ CFD short positions, will have the rights to subscribe to the non-renounceable rights offering. If the lenders opt to subscribe for the rights, it will trigger a need to purchase and deliver the shares to the lenders. The purchase will be done after the last subscription date. Please note that the purchase price is discretionary and may not be the same as the opening price. 2) Clients with short position will be liable to all additional cost incurred due from the discretionary purchase and delivery of shares. Clients are advised to exercise caution in holding short positions past the ex-date as the option may result in additional losses. Clients, holding short positions, who do not want to be subjected to the above will need to liquidate your positions before ex-date. We will post further updates if there are any changes on the rights issue above. Updated 2nd June 2021, 10:41am