Frasers Logistics Trust

M&A

FLT, FCOT unitholders vote overwhelmingly in favour of merger to create $5.7 bil behemoth

SINGAPORE (Mar 11): The unitholders of both Frasers Logistics Trust (FLT) and Frasers Commercial Trust (FCOT) have approved the proposed merger of the two entities for a price tag of $1.54 billion.

Broker's Calls

17 hot stock picks following a season of strong 2Q gains

SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial re

Broker's Calls

REITs and developers to ‘buy’ on improving economic fundamentals

SINGAPORE (March 17): As global economic fundamentals begin to improve, DBS Vickers Securities is expecting prices to be supported for Singapore REITs (S-REITs) in the near term given earlier fears

Trading floor

Best stocks to buy in a season of uncertainty

SINGAPORE (Aug 18): UOB Kay Hian further cut its 2016F market EPS growth estimates to –8.1% from –2.4% after what it calls “another quarter to forget” of disappointing results under the research ho

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