April 2022

MLT acquires Baeksa Logistics Centre located in Icheon, South Korea, expanding its presence within the established Yongin-Icheon logistics hub serving the Seoul Metropolitan Area.

July 2022

MLT acquires two parcels of leasehold industrial properties located in Subang Jaya, Selangor, Malaysia, which are adjacent to MLT’s existing Subang 3 and 4. The potential amalgamation of these properties creates the opportunity for the development of the first mega modern logistics warehouse in Subang Jaya, an established logistics hub with excellent connectivity to Kuala Lumpur city centre.

MLT also announces the proposed redevelopment of 51 Benoi Road, Singapore, to a modern ramp-up facility with a 2.3 times increase in gross floor area to 82,400 sqm.

March 2023

MLT accelerates its portfolio rejuvenation strategy with the announcement of the proposed acquisitions of eight modern logistics assets in Japan, Australia and South Korea for an aggregate acquisition price of S$904.4 million. 

MLT also completes the divestment of 3 Changi South Lane in Singapore for S$22 million.