Bedok Point

Frasers Centrepoint Trust raises $575 mil in private placement following announcement - THE EDGE SINGAPORE

REITs

Frasers Centrepoint Trust raises $575 mil in private placement following announcement

The private placement issue price of $2.35 represents a discount of 4.9% to the adjusted VWAP of $2.472 per unit.

Broker's Calls

Soft retail environment keeps Frasers Centrepoint Trust at 'hold' despite positive 4Q results

SINGAPORE (Oct 26): The manager of Frasers Centrepoint Trust (FCT) announced its results Wednesday, with 4Q DPU increasing 5.5% to 2.97 cents, bringing FY17 DPU to 11.90 cents, 1.2% higher than FY16.
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