Home News REITs

FLCT to join STI from April 13, replacing Jardine Strategic

Atiqah Mokhtar
Atiqah Mokhtar4/9/2021 8:51 AM GMT+08  • 1 min read
FLCT to join STI from April 13, replacing Jardine Strategic
FLCT’s market capitalisation stands at $5.04 bil as of April 8.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The manager of Frasers Logistics & Commercial Trust (FLCT) has announced that the REIT will join the Straits Times Index (STI) from April 13.

The inclusion of FLCT into the STI, which tracks the performance of the top 30 companies listed on the Singapore Exchange (SGX), follows the removal of Jardine Strategic Holdings pursuant to the restructuring of the Jardine group.

FLCT’s market capitalisation stands at $5.04 billion as of April 8.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.