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Frasers Centrepoint Limited
Results
Frasers Centrepoint posts 12% decline in full-year earnings to $480 mil
SINGAPORE (Nov 9): Frasers Centrepoint Limited (FCL) reported an 11.8% drop in earnings to $479.9 million for the full year ended Sept from $543.8 million a year ago on the back of lower contributions from Singapore and Australia strategic business units
November 09, 2016
Stocks To Watch
China Auto Electronics, HPH Trust, FCL, GL, Olam, CRCT
SINGAPORE (Oct 25): Here are some factors and stocks that could move the market this Tuesday morning:
October 25, 2016
Frasers Hospitality Trust's rights issue oversubscribed at 141.3%; raises $266.3 mil
SINGAPORE (Oct 11): The managers of Frasers Hospitality Trust (FHT) say its rights issue was oversubscribed at 141.3% with valid acceptances and excess applications for a total of 624 million rights stapled securities received as at Oct 7.
October 11, 2016
Stocks To Watch
FCL, Noble, SunMoon, Malaysia Smelting, Federal Int’l
SINGAPORE (Oct 10): Here are some stocks that could move the market this Monday morning:
October 10, 2016
Frasers Centrepoint to invest $520 mil in Thai developer TICON
SINGAPORE (Oct 10): Property company Frasers Centrepoint Limited (FCL) says its subsidiary, Frasers Property Holdings (Thailand) (FPHT), on Friday signed an agreement to subscribe for up to 735 million new shares of TICON Industrial Connection Public Comp
October 10, 2016
Frasers Property Australia acquires prime land in Sydney suburb
SINGAPORE (Oct 6): Frasers Property Australia, a division of Frasers Centrepoint Limited, is acquiring a 15.19 ha site in the Inner West industrial area of Chullora.
October 06, 2016
Broker's Calls
Rights issue likely to boost free float, valuations for Frasers Hospitality Trust
SINGAPORE (Sept 14): Daiwa says the imminent rights issue of Frasers Hospitality Trust (FHT), albeit dilutive, could help to improve its free float and valuations.
September 14, 2016
Frasers Hospitality Trust undertakes rights issue to fund $245 mil acquisition of Novotel Melbourne on Collins
SINGAPORE (Sept 10): Frasers Hospitality Trust (FHT) is undertaking a rights issue to raise $266.3 million to fund the acquisition of hotel Novotel Melbourne on Collins plus 72 car park lots for a total consideration of A$237 million ($245.4 million).
September 10, 2016
Frasers Centrepoint to open serviced residence in Putrajaya in 2019
SINGAPORE (Sept 2): Frasers Centrepoint Limited on Thursday announced that its hospitality arm, Frasers Hospitality Group, will open a 253-unit serviced residence in Putrajaya in 2019.
September 02, 2016
Broker's Calls
A better fourth quarter for Frasers Centrepoint
SINGAPORE (Aug 10): CIMB is maintaining its “add” on Frasers Centrepoint Limited with higher target price of $2.04 on a better fourth quarter as China and Australia residential sales improve on increased handovers.
August 10, 2016