Mitsui Fudosan Logistics Park, Inc. (JP:3471) has released an update.
Mitsui Fudosan Logistics Park Inc. (MFLP-REIT) has announced a four-for-one split of its investment units to facilitate the continuation of investment for ADL unitholders post-merger, effective November 1, 2024. The split aims to ensure that all ADL unitholders will receive at least one MFLP-REIT investment unit after the merger with Advance Logistics Investment Corporation. Following the split and merger, the total number of outstanding MFLP-REIT investment units will increase to 3,219,699 units.
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