SINGAPORE (June 3): Frasers Centrepoint Limited (FCL) says it has lodged the preliminary prospectus of Frasers Logistics & Industrial Trust with the Monetary Authority of Singapore for its proposed initial public offering and listing.

The offer units will be priced at between 85 cents and 89 cents each.

Frasers Logistics & Industrial Trust will hold a portfolio of 51 Australian industrial properties. In addition, FLT will also be granted call option rights to acquire an additional three Australian industrial properties after its listing.

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