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An announcement from Frasers Centrepoint ( (SG:J69U) ) is now available.
Frasers Centrepoint Asset Management Ltd. announced the receipt of 1,506,018 units in Frasers Centrepoint Trust as part of the management fee for the period from April 1 to June 30, 2025. This payment method, stipulated in the trust deed, reflects the company’s strategy to align management interests with those of the trust’s stakeholders, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (SG:J69U) stock is a Buy with a S$2.68 price target. To see the full list of analyst forecasts on Frasers Centrepoint stock, see the SG:J69U Stock Forecast page.
More about Frasers Centrepoint
Frasers Centrepoint Trust is a real estate investment trust based in Singapore, managed by Frasers Centrepoint Asset Management Ltd. The trust primarily focuses on retail properties and holds significant interests in various retail assets, including a 50% stake in NEX, a prominent shopping mall.
Average Trading Volume: 4,891,376
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$4.46B
See more data about J69U stock on TipRanks’ Stock Analysis page.