Shares & Derivatives
Frasers Hospitality Trust IPO
By Singapore Stocks Investing (SSI)  •  June 23, 2014
Frasers Hospitality Trust IPO will have 182.1 million stapled securities issued at $0.88 per share to public; this translates into a dividends yield of 7 % per annum. There will be a further 232.9 million stapled securities issued to cornerstone investors. The market capitalization will be around $1.04 billion and the IPO will commence trading on SGX next month. Let us understand more about Frasers Hospitality Trust IPO. Frasers Hospitality Trust will have a portfolio of 12 properties; six properties are serviced residences from Frasers Centrepoint (the former property arm of F&N) and the other six properties are from Frasers Centrepoint's Thai parent TCC Group. The question is should you apply for Frasers Hospitality Trust IPO? I think if you are looking for a good dividends yield, this trust is a good trust else you may want to invest your monies into other stocks. It is ......
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By Singapore Stocks Investing (SSI)
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