Frasers Property (Thailand) has acquired 94.50% of Golden Land Property in its tender offer for the Thailand-listed company, Frasers Property said Thursday.
Frasers Property reported Thursday its fiscal 3Q net profit jumped 68.2 percent on-year to S$333.9 million on recurring income sources and fair-value gains.
Frasers Property said Wednesday it tendered its 39.92 percent stake in Golden Land Property, to Frasers Property Thailand for around S$350.6 million.
Frasers Property proposed Tuesday issuing S$200 million in fixed rate perpetual securities, with an initial 4.98 percent distribution rate.
These are Singapore companies which may be in focus on Tuesday, 23 July 2019: CapitaLand Mall Trust, MLT, FCOT, ESR-REIT, ST Engineering and Bumitama Agri.
Frasers Property said Wednesday it secured a A$750 million five-year term loan, including a A$500 million five-year green loan tranche with reduced pricing.
Frasers Property said Monday it plans to create a business unit to combine its Australian and European industrial and logistics operations and assets related to FLT.
Frasers Logistics & Industrial Trust said Wednesday it planned to buy nine logistics properties in Germany and three in Australia from Frasers Property for A$644.7M.
These are Singapore companies which may be in focus on Tuesday, 2 July 2019: CapitaLand, Thakral, Raffles United and OUE Lippo Healthcare.
These are Singapore companies that may be in focus on Monday, 1 July 2019: Banks, Temasek, Singapore Airlines and Hyflux.
Frasers Property said Wednesday it agreed to sell 50 percent of 38-storey Frasers Tower to a long-term strategic investor it didn’t name.
Frasers Property and ESR Australia said Friday they acquired a 4.67 hectare site in Melbourne, and secured Nissan Motor Co. Australia as the anchor tenant.
Frasers Centrepoint Trust said Wednesday its preferential offering of new units received valid acceptances and excess applications for 196.9% of the total.
These are Singapore companies which may be in focus on Thursday, 6 June 2019: Cordlife, GIC, Singtel, ComfortDelGro, OUE and Keppel Infrastructure Trust.
DBS started Frasers Property Thailand at Buy with a 22.30 baht (S$0.97) target price, saying it’s the “best time ever” to acquire the shares.
These are Singapore companies which may be in focus on Friday, 31 May 2019: SPH, City Developments, BreadTalk, Creative and Frasers Property.
Frasers Property (Thailand) announced Monday its intention to make an offer for all of Golden Land Property, valuing the company at 19.75B baht (S$855.38M).
The managers of Frasers Hospitality Trust announced Friday that Colin Low will succeed Eu Chin Fen as CEO on 1 July.
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 entered a deal to acquire one-third of Waterway Point mall for S$433.3 million from Frasers Property, the trust said Thursday.
These are Singapore companies which may be in focus on Tuesday, 7 May 2019: BreadTalk, Hyflux, Koufu, SGX and China Jinjiang Environment.
Frasers Property reported Friday its fiscal 2Q net profit rose 8.3% on-year to S$120.5M amid higher revenue from sales at residential projects in Australia.
These are Singapore companies which may be in focus on Friday, 3 May 2019: UOB, SembMarine, Frasers Property, ARA US Hospitality, OUEHT and Great Eastern.
These are Singapore companies which may be in focus on Tuesday, 23 April 2019: Mapletree Industrial Trust, ComfortDelGro, ST Engineering and LMIRT.
These are Singapore companies likely to be in focus on Wednesday, 16 April 2019: MLT, SPH, Hi-P, Keppel-KBS US REIT and Cache Logistics Trust.
These are Singapore stocks which may be in focus on Tuesday, 16 April 2019: Singapore Airlines, Keppel DC REIT and Keppel infrastructure Trust.
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
Frasers Property said on Thursday it proposed issuing S$400 million fixed-rate subordinated perpetual securities at 4.98 percent.