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The latest announcement is out from Frasers Centrepoint ( (SG:J69U) ).
Frasers Centrepoint Trust, managed by Frasers Centrepoint Asset Management Ltd., has announced the pricing of S$200 million in subordinated perpetual securities under its S$3 billion Multicurrency Debt Issuance Programme. Oversea-Chinese Banking Corporation Limited is the sole lead manager for this issuance, which will be issued in denominations of S$250,000 each. This move is part of FCT’s strategy to leverage its debt issuance program for financial flexibility and potential growth opportunities.
The most recent analyst rating on (SG:J69U) stock is a Buy with a S$2.55 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
Average Trading Volume: 6,328,190
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$4.52B
See more data about J69U stock on TipRanks’ Stock Analysis page.