Results of Frasers Centrepoint Trust Preferential Offering On April 25, 2025 By My Sweet Retirement In Stock News This post is to share the results of Frasers Centrepoint Trust Preferential Offering. If you had accepted the offer or applied for excess, you should already see the units in your Central Depositary (CDP) account. A total of 122,584,803 Preferential Offering Units, including valid acceptances and excess applications were received. This represented 124.8% of the total number of Preferential Offering Units available under the Preferential Offering which means the Preferential Offering was 24.8% oversubscribed. If you are not aware of what is going on, Frasers Centrepoint Trust launched Preferential Offering on Tuesday, 8th April 2025. The preferential offering is intended to raise funds for its recent acquisition of Northpoint City South Wing at an agreed property value of S$1,133 million. For every 1,000 existing Units, unitholders are given 54 preferential offering units. The new units are offered at an issue price of S$2.050 per New Unit....