Frasers Property says it has not been informed, nor made aware of any discussions that its controlling shareholder is in the early discussions to sell the company or to divest some of the assets.
The review is at its initial stages with no confirmed outcome.
Frasers Property shares gained 4.21% on Jan 12 to close at 99 cents.
Even so, it remains at a big discount off its net asset value of $2.52 as at Sept 30.
