Moody’s Investors Service said Monday it changed its ratings outlook on Frasers Hospitality Trust to negative from stable.
Frasers Hospitality Trust reported Wednesday its fiscal 4Q net property income rose 2.3% on-year to S$30M despite the impact of weaker overseas currencies.
Frasers Hospitality Trust reported Tuesday its fiscal 3Q net property income fell 11% on-year on a weaker performance from the Australia portfolio.
Frasers Hospitality Trust said Monday it is in talks with unnamed parties over a potential sale of the Sofitel Sydney Wentworth.
These are Singapore companies which may be in focus on Monday, 8 July 2019: ThaiBev, Singtel, CapitaLand, Frasers Hospitality Trust and Sunpower.
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
These are Singapore companies which may be in focus on Thursday, 6 June 2019: Cordlife, GIC, Singtel, ComfortDelGro, OUE and Keppel Infrastructure Trust.
The managers of Frasers Hospitality Trust announced Friday that Colin Low will succeed Eu Chin Fen as CEO on 1 July.
DBS downgraded Frasers Hospitality Trust to Hold from Buy after lower-than-expected fiscal second-quarter results and a weaker Australia outlook.
Frasers Hospitality Trust reported Tuesday its fiscal 2Q net income fell 9.1% on-year to S$25.2M on weaker performances in Australia, Malaysia and Japan.
These are Singapore stocks which may be in focus on Thursday, 31 January 2019: Ascendas REIT, Grab, Frasers Hospitality and OUE Commercial.
Frasers Hospitality Trust reported on Wednesday that its fiscal first quarter net property income slipped 1.2 percent on-year to S$31.1 million, mainly on a weaker…