I attended the extra general meeting (EGM) for Frasers Logistics and Industrial Trust (FLT) yesterday to see if there is any delta differences between what I wrote about of the proposed acquisition and what the management answered.
You can read the post in the URL above.
I didn’t want to write this as I didn’t take down a lot of notes. I also couldn’t hear well since one of my ear is muffled for weeks.
I spoke to Chung Keat the investor relations and Rob Wallace the CEO in brief.
But since some friends asked about it, here it is. This will be rather short. Some of them are my views about the question and answer as well.
A few shareholders questioned why go into Europe. They cited increased currency risks. One or 2 of them question why not set up a European REIT, away from FLT’s which owns Australian …