Frasers Property (FPL)

Results

Frasers Property expects significant decrease in 1HFY2024 attributable profit

FPL expects to record fair value losses and impairment for the period, primarily on certain commercial properties in the UK.
Frasers Property to improve earnings, dividends and returns - THE EDGE SINGAPORE

Stocks To Watch

Frasers Property to improve earnings, dividends and returns

A more liquid balance sheet would narrow the gap between share price and NAV for Frasers Property
Frasers Property notes ‘volatile’ business environment despite signs of inflationary pressure easing in 1QFY2024 update - THE EDGE SINGAPORE

Results

Frasers Property notes ‘volatile’ business environment despite signs of inflationary pressure easing in 1QFY2024 update

The group reported a pre-sold revenue of $2.4 billion as at Dec 31, 2023.
Straits Times Index moves above resistance as investor focus moves to FPL  - THE EDGE SINGAPORE

Right Timing

Straits Times Index moves above resistance as investor focus moves to FPL

STI moves above resistance but remains hostage to global headwinds; FPL has attracted attention
Did bullish outlook derail privatisation of Frasers Hospitality Trust? - THE EDGE SINGAPORE

REITs

Did bullish outlook derail privatisation of Frasers Hospitality Trust?

Were investors in Frasers Hospitality Trust holding out for a better offer following bullish analysts' reports on hospitality?

Offer

Vote for privatisation say proxy advisors to Frasers Hospitality Trust's institutional investors

ISS and Glass Lewis advise institutional investors to vote for privatisation offer of 70 cents for Frasers Hospitality Trust
Frasers Property's privatisation offer an opportunity for FHT unitholders to unlock value: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Frasers Property's privatisation offer an opportunity for FHT unitholders to unlock value: CGS-CIMB

This is as the scheme consideration is at a premium to its BV.

REITs

Frasers Property offers 70 cents to privatise Frasers Hospitality Trust

FPL offers 70 cents to privatise Frasers Hospitality Trust, above NAV, at a premium to 12-month VWAP, but below IPO at 88 cents.
The next 20 years: As financialisation of real estate continues, developers may restructure - THE EDGE SINGAPORE

1000th issue

The next 20 years: As financialisation of real estate continues, developers may restructure

The next 20 years: As financialisation of real estate continues, developers may restructure
Frasers Centrepoint Trust raises $575 mil in private placement following announcement - THE EDGE SINGAPORE

REITs

Frasers Centrepoint Trust raises $575 mil in private placement following announcement

The private placement issue price of $2.35 represents a discount of 4.9% to the adjusted VWAP of $2.472 per unit.
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