Frasers Centrepoint Limited, Ascott Residence Trust, SATS, USP Group

SINGAPORE (April 17): Here are some stocks that could move the market this Monday morning.

Frasers Property International, a subsidiary of Frasers Centrepoint Limited, is acquiring an 86.56% stake in Geneba Properties N.V. for $471.6 million. Following the acquisition, Frasers Property has also agreed to make an all-cash offer for the remaining 13.44% free-float interest in Geneba at an equivalent offer price of EUR 3.67 per depositary receipt.

See: Frasers Centrepoint to acquire European real estate company for $471.6 mil

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