SINGAPORE (Apr 29): Following its merger announcement on Dec 2, 2019, the enlarged REIT comprising Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) will be known as Frasers Logistics & Commercial Trust (FLCT) with effect from Wednesday.
The total consideration for the proposed merger comprises $138.1 million in cash and some 1,128.1 million consideration units.
See also: FLT, FCOT unitholders vote overwhelmingly in favour of merger to create $5.7 bil behemoth
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