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Frasers Property (FPL)
Results
Frasers Property's net profit rises 19.2% in FY2024, dividend unchanged
Frasers Property announces 6.8% rise in revenue to $4.2 billion and 19.2% rise in net profit to $206.3 million for FY2024, year ending Sept.
15 days ago
Tourism
Frasers Hospitality launches its first hotel residence in Northern Vietnam
Modena by Fraser Vinh Yen features 88 fully furnished serviced apartments.
23 days ago
Global Economy
Briefs: ThaiBev share swap values FPL at $1.89 per FPL share; Allianz offers $40.58 per Income share
In other news, UMS is eyeing a secondary listing in Malaysia; former Fed official Kaplan sees rate cuts likely in September.
July 18, 2024
Results
Frasers Property expects significant decrease in 1HFY2024 attributable profit
FPL expects to record fair value losses and impairment for the period, primarily on certain commercial properties in the UK.
April 09, 2024
Stocks To Watch
Frasers Property to improve earnings, dividends and returns
A more liquid balance sheet would narrow the gap between share price and NAV for Frasers Property
February 15, 2024
Results
Frasers Property notes ‘volatile’ business environment despite signs of inflationary pressure easing in 1QFY2024 update
The group reported a pre-sold revenue of $2.4 billion as at Dec 31, 2023.
February 03, 2024
Right Timing
Straits Times Index moves above resistance as investor focus moves to FPL
STI moves above resistance but remains hostage to global headwinds; FPL has attracted attention
September 15, 2023
REITs
Did bullish outlook derail privatisation of Frasers Hospitality Trust?
Were investors in Frasers Hospitality Trust holding out for a better offer following bullish analysts' reports on hospitality?
September 15, 2022
Offer
Vote for privatisation say proxy advisors to Frasers Hospitality Trust's institutional investors
ISS and Glass Lewis advise institutional investors to vote for privatisation offer of 70 cents for Frasers Hospitality Trust
August 30, 2022
Broker's Calls
Frasers Property's privatisation offer an opportunity for FHT unitholders to unlock value: CGS-CIMB
This is as the scheme consideration is at a premium to its BV.
June 14, 2022