Daiwa: Frasers Centrepoint Trust’s Waterway Point buy ‘doesn’t come cheap’
Frasers Centrepoint Trust is paying close to a full price for its acquisition of a one-third stake in Waterway Point mall, Daiwa said in a note Thursday.
Frasers Centrepoint Trust
UPDATE: Singapore stocks to watch Friday: SIA, SATS, Frasers Centrepoint Trust, Yongnam
These are Singapore companies which may be in focus on Friday, 16 May 2019: SATS, Singapore Airlines, Frasers Centrepoint Trust, Yongnam and TEE International.
Frasers Centrepoint Trust private placement prices at top of range amid strong demand
Frasers Centrepoint Trust said Friday it priced its private placement at S$2.382, the top of its pricing range, after strong demand from investors.
Frasers Centrepoint Trust sets equity fund raising for at least S$422 million
Frasers Centrepoint Trust is proposing to raise at least S$421.7 million from a private placement of new units and a non-renounceable preferential offering.
Frasers Centrepoint Trust to acquire one-third stake in Waterway Point for S$433 million
Frasers Centrepoint Trust entered a deal to acquire one-third of Waterway Point mall for S$433.3 million from Frasers Property, the trust said Thursday.
UPDATE: Singapore stocks to watch Thursday: UOB, Singapore Airlines, OCBC, Hyflux, UOL, Ezion
These are Singapore companies which may be in focus on Thursday, 16 May 2019: UOB, Singapore Airlines, OCBC, Hyflux, UOL and Ezion.
Frasers Centrepoint Trust requests trading halt
Frasers Centrepoint Trust requested a trading halt before the market open on Thursday, pending an announcement.
Frasers Centrepoint reports fiscal 2Q net property income rose on Changi City Point improvement
Frasers Centrepoint Trust reported Wednesday its fiscal 2Q net property income rose 4.8 percent on-year to S$36.44 million, beating a Daiwa forecast.
UPDATE: Singapore stocks to watch Monday: UIC, OUE, Yangzijiang, Keppel, Ezion, ST Engineering, Heeton
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
UPDATE: Singapore stocks to watch Friday: Hyflux, Frasers Property, CapitaMall Trust
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Frasers Centrepoint, Ascendas REIT, ThaiBev
These are Singapore companies which may be in focus on Thursday, 21 March 2019: Frasers Property, Ascendas REIT, Thai Beverage and Yongnam.
Frasers Centrepoint, Frasers Property to increase stakes in Tiong Bahru Plaza owner
Frasers Centrepoint Trust and Frasers Property announced separately Thursday they entered deals to increase their PGIM Real Estate AsiaRetail Fund stakes.
UPDATE: Singapore stocks to watch Monday: Sembcorp, Far East Orchard, SIA, M1, OUE
These are Singapore companies which may be in focus on Monday, 18 March 2019: Sembcorp Indutries, Far East Orchard, Singapore Airlines, M1 and OUE.
Singapore stocks to watch Thursday: Singtel, M1, Grab, Frasers Centrepoint Trust
These are Singapore companies which may be in focus on Thursday, 7 March 2019: Singtel, M1, Grab, and Frasers Centrepoint Trust.
Moody’s puts Frasers Centrepoint Trust on review for downgrade
Moody’s said Wednesday it placed Frasers Centrepoint Trust’s rating on review for downgrade on its deals to acquire a stake in PGIM Real Estate AsiaRetail Fund.
UPDATE: Singapore stocks to watch Thursday: M1, Olam, Yanlord Land, Jardine C&C, Banyan Tree
These are Singapore companies which may be in focus on Thursday, 27 February 2019: M1, Olam, Yanlord Land, Jardine C&C, Banyan Tree and Sunpower.
Frasers Centrepoint Trust to acquire around 17 percent stake in Tiong Bahru Plaza owner
Frasers Centrepoint Trust said Thursday entered deals to buy an around 17.13% stake in PGIM Real Estate AsiaRetail Fund for an aggregate S$342.5 million.
UPDATE: Singapore stocks to watch Tuesday: M1, Mapletree Logistics, ST Engineering, Keppel REIT, China Everbright
These are Singapore stocks which may be in focus on Tuesday, 22 January 2019: M1 The bidder for M1 said on Tuesday that it doesn’t…
Frasers Centrepoint Trust fiscal 1Q net property income rose on improved mall revenue
Frasers Centrepoint Trust reported on Monday its fiscal first quarter net property income rose 2.5 percent on-year to S$35.39 million on improved revenue from Changi…
Singapore stocks to watch Monday: Frasers Commercial Trust, Hyflux, Delong, Courts Asia
These are Singapore stocks which may be in focus on Monday, 21 January 2019: Frasers Commercial Trust Frasers Commercial Trust reported its fiscal first quarter…
Frasers Centrepoint Trust CEO sets plan to retire by end of year
Frasers Centrepoint Trust’s manager said on Monday CEO and Executive Director Chew Tuan Chiong, age 61, has announced his intention to retire from both roles…
Frasers Centrepoint Trust downgraded by Daiwa after below-view results
Daiwa downgraded Frasers Centrepoint Trust to Hold from Outperform, saying it was turning more cautious on rental reversions and after the distribution per unit (DPU)…
UPDATE: Frasers Centrepoint Trust fiscal 4Q net property income fell nearly 5 percent on higher property expenses
Frasers Centrepoint Trust’s manager said on Wednesday that its fiscal fourth quarter net property income fell 4.9 percent on-year to S$32.88 million on higher property…
UPDATE: Singapore stocks to watch Wednesday: Singtel, Mapletree Industrial, Hyflux, Frasers Centrepoint
These are the Singapore stocks which may be in focus on Wednesday 24 October 2018: Singtel Singtel said on Wednesday that it entered an agreement…
How Newstead liquidation will affect the listed REITs
The provisional liquidation of local electronics retailer Newstead will have a net negative impact on some REITs, but overall earnings hit shouldn’t be substantial, CGS-CIMB…
