Frasers and Neave (F&N) will spin off its property business into FRASERS CENTREPOINT LIMITED , however FRASERS CENTREPOINT LIMITED will not be launched or listed on the market via an IPO, rather F&N will offer to its current shareholders 2 shares of FRASERS CENTREPOINT LIMITED , for every F&N stock they hold. This method of listing is quite familiar to me as I have held Ezra stocks before when they introduce the Triyard stocks to me. F&N has already in its portfolio Frasers Centerpoint Trust which is made up of shopping malls as the portfolio, hence I believe FRASERS CENTREPOINT LIMITED will be a stock which will allow F&N to grow as a developer like Capitaland in the business of property development in not only Singapore but across the region. I also hear news that F&N will also be looking into setting up and listing a hospitality Reits too. Though ......
