I watched the webcast of Frasers Centrepoint Trust EGM this morning. The share trading of FCT has been halted this morning prior to the EGM. The CEO of FCT, Richard Ng started the EGM with a presentation of the background, benefits of this acquisition and addressing shareholders' posted questions before preceeding with the resolutions. Questions asked by shareholders are related to the timing of this acquisition, prospects of suburban malls in Singapore, Asset Enhancement Initiatives in future for existing malls, and how current valuations of malls are affected by Covid. Costly tax payment due to the indirect ownership of malls held by ARF is the driven motivation behind this move. FCT's focus is still on Singapore suburban malls and there are no plans to acquire malls overseas nor any other acquisitions in the short future. The benefits of this acqusition can be summarised in this slide....