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Frasers Centrepoint Trust Pays Management Fee via Units
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Frasers Centrepoint Trust Pays Management Fee via Units

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Invest with Confidence:

Frasers Centrepoint ( (SG:J69U) ) has shared an update.

Frasers Centrepoint Asset Management Ltd. announced the receipt of 730,174 units in Frasers Centrepoint Trust as part of its management fee for the last quarter of 2024. This payment method, outlined in the trust deed, reflects the company’s strategic management of its assets, including a 50% interest in NEX, enhancing its financial and operational alignment with market practices.

More about Frasers Centrepoint

Frasers Centrepoint Trust, managed by Frasers Centrepoint Asset Management Ltd., operates within the real estate investment sector in Singapore. It primarily focuses on retail properties, providing management and investment services to its stakeholders.

YTD Price Performance: 0%

Average Trading Volume: 1,963

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.86B

Find detailed analytics on J69U stock on TipRanks’ Stock Analysis page.

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