Frasers Hospitality Trust

SINGAPORE (Sept 23): UOB Kay Hian is keeping Frasers Hospitality Trust on “buy” but has cut its target price to 81 cents, from $1.01 previously, to factor in a “heightened risk profile”.

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).

SINGAPORE (June 27): UOB is recommending investors seek shelter in dividend-yielding stocks such as Singtel, ST Engineering, SPH, SATS, REITs and plantation companies on the back of continuing market volatility in the aftermath of Brexit, according to a r

SINGAPORE (June 17): Despite the threat of Brexit, UOB says it is maintaining its “buy” recommendation on four companies with significant exposure to the United Kingdom: Ho Bee Land, ComfortDelGro, Frasers Hospitality Trust, and City Developments.