Frasers Centrepoint Trust (FCT) is a SGX-listed retail REIT that owns six suburban retail malls located around Singapore. They include Anchorpoint, YewTee Point, Causeway Point, Northpoint City North Wing, Bedok Point, and Changi City Point. As at 30 September 2018, FCT’s portfolio of properties was valued at S$2.75 billion. FCT has been on our watchlist for some time now and with good reason too – since its IPO in 2006, the REIT has achieved 12 consecutive years of distribution growth. At the same time, the market is well aware of FCT’s remarkable track record which makes buying opportunities for FCT hard to come by. However, a surprise announcement by CEO Dr Chew Tuan Chiong at the latest annual meeting may put FCT’s future performance in doubt… Here are 10 things I learned from the 2019 Frasers Centrepoint Trust AGM: 1. Revenue grew 6.5% year-on-year to S$193.3 million for FY2018  ...