Frasers Centrepoint Limited

SINGAPORE (Aug 1): Frasers Centrepoint Limited’s Australian unit, Frasers Property Australia (formerly Australand), on Tuesday announced it is acquiring a 10 hectare site adjacent to its Eastern Creek Business Park in western Sydney.

SINGAPORE (July 13): Frasers Centrepoint Limited plans to issue US$200 million ($269 million) in fixed rate notes through its wholly owned subsidiary FCL Treasury.

SINGAPORE (June 15): Lim & Tan Securities is making a “subscribe” call for Frasers Logistics & Industrial Trust (FLT) at an IPO price of 89 cents each. This comes ahead of FLT’s public offer tranche closure on Thursday at noon.

SINGAPORE (June 6): Property group Frasers Centrepoint Limited has appointed Panote Sirivadhanabhakdi as Group CEO-designate with immediate effect.

SINGAPORE (June 2): Frasers Property Australia says construction firm Brookfield Multiplex has been awarded a A$290 million ($290 million) contract to build the DUO in Sydney.

SINGAPORE (May 16): Frasers Centrepoint Limited has received the eligibility-to-list (ETL) letter for the proposed initial public offering and listing on the SGX of the units in the REIT to be known as Frasers Logistics & Industrial Trust (FLT).

SINGAPORE (May 11): DBS Vickers Securities continues to like Frasers Centrepoint Ltd (FCL) for its attractive valuations at 0.7x P/NAV. The stock also offers one of the highest dividend yields among developers at about 5.1%.