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An update from Frasers Centrepoint ( (SG:J69U) ) is now available.
Frasers Centrepoint Trust has announced amendments to its trust deed, facilitating the repurchase and redemption of its units. This change, formalized through a supplemental deed with HSBC Institutional Trust Services, aims to enhance flexibility in managing the trust’s capital structure, potentially impacting its market positioning and offering new opportunities for its unitholders.
More about Frasers Centrepoint
Frasers Centrepoint Trust is a trust in Singapore managed by Frasers Centrepoint Asset Management Ltd. The trust is involved in managing a portfolio of retail properties, which suggests a focus on real estate investment in the retail sector.
YTD Price Performance: -0.32%
Average Trading Volume: 1,361
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.83B
Learn more about J69U stock on TipRanks’ Stock Analysis page.