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Frasers Property Limited (FPL)
Company in the news
Frasers Property will not be redeeming the $300 mil fixed rate subordinated perpetual securities on first call date
According to the group, the decision to do so was partly due to the current macroeconomic and interest rate environments.
December 17, 2022
Sustainability
Frasers Property's green retail notes offer 1.64 times subscribed
The total final offer size was increased to $500 million from the initial $420 million.
September 16, 2022
REITs
FHT shareholders vote against scheme resolution for privatisation
Frasers Property (FPL) and the manager of FHT had announced their offer of 70 cents per FHT unit to FHT’s unitholders on June 13.
September 12, 2022
Sustainability
[Update] Frasers Property to offer up to $420 mil worth of five-year fixed rate green notes with coupon rate of 4.49%
The notes will have a public offer tranche that will be open to retail investors in Singapore.
September 08, 2022
New appointments
Frasers Property Capital appoints Wong Ping as its chief investment officer
Wong previously held senior leadership positions with CBRE Investment Management and Allianz Real Estate Asia Pacific.
August 22, 2022
Deals, joint ventures & alliances
Frasers Property and ThaiBev subsidiaries enter into JV to collaborate in the advancement of tech and digitalisation
The JVCo is said to explore a potential share subscription of $84.27 million for a 50% stake in BetterBe Marketplace.
August 16, 2022
Company in the news
Frasers Property (Thailand) reports 'cyber incident' involving data leaks
The investigations into the incident are currently ongoing.
August 02, 2022
Property
Capitaland, Link REIT vying for NTUC's $4 bil portfolio of malls
Mercatus manages assets worth more than $10 billion and is one of the largest mall owners by floor space in Singapore.
July 21, 2022
Broker's Calls
Maybank Securities advise investors to accept FHT privatisation offer
Units in FHT closed 3 cents higher or 4.55% up at 69 cents on June 13.
June 13, 2022
REITs
TCC is said to seek $500 mil loan for Frasers Trust privatisation
Trading in shares of Frasers Hospitality Trust and parent company Frasers Property were halted Thursday.
June 09, 2022