Invest
Frasers Centrepoint Trust – On Track to Become Singapore’s Largest Suburban Mall Landlord
By ProButterfly  •  September 15, 2020
by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterfly.com and REITScreener.com site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.  Frasers Centrepoint Trust (FCT) announced that it is proposing to raise up to S$1,394.2mil in an equity fund raising exercise in a bid to acquire all the remaining 63.1% stake in AsiaRetail Fund (ARF) at a purchase consideration of S$1,057.4mil. Including all acquisition fees and duties to be paid, the total acquisition cost will be S$1,108.8mil. FCT intends to use the difference between the amount raised and the...
Read the full article
By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance