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‘One Bangkok’ development to lift Frasers Centrepoint’s reputation

Jude Chan
Jude Chan4/4/2017 01:19 PM GMT+08  • 2 min read
‘One Bangkok’ development to lift Frasers Centrepoint’s reputation
SINGAPORE (April 4): The gains for Frasers Centrepoint Limited (FCL) from its role in the massive “One Bangkok” mixed-development in the heart of the Thai capital are likely to be more intangible, according to DBS Group Research.
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SINGAPORE (April 4): The gains for Frasers Centrepoint Limited (FCL) from its role in the massive “One Bangkok” mixed-development in the heart of the Thai capital are likely to be more intangible, according to DBS Group Research.

“While the immediate financial impact may not be huge in the near-term, we believe the successful execution of this project will further elevate FCL’s reputation and brand name as a renowned property developer both in Thailand and globally,” says DBS lead analyst Rachel Tan in a Tuesday report.

Frasers Centrepoint subsidiary, Frasers Property Holdings (Thailand), on March 31 entered into a 20:80 joint-venture agreement with TCC Assets to establish a JV company, One Bangkok Holdings (OBH).

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