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Frasers Hospitality Trust ( (SG:ACV) ) just unveiled an update.
Frasers Hospitality Trust has announced a proposed privatization through a trust scheme of arrangement. The announcement includes details of a dialogue session with the Securities Investors Association (Singapore) and arrangements for a meeting of stapled securityholders to approve the scheme. This move is significant for stakeholders as it may impact the company’s operational structure and market positioning.
The most recent analyst rating on (SG:ACV) stock is a Hold with a S$0.45 price target. To see the full list of analyst forecasts on Frasers Hospitality Trust stock, see the SG:ACV Stock Forecast page.
More about Frasers Hospitality Trust
Frasers Hospitality Trust is a Singapore-based entity comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust. The company operates in the real estate investment sector, focusing on hospitality assets.
Average Trading Volume: 3,613,939
Technical Sentiment Signal: Buy
Current Market Cap: S$1.35B
See more insights into ACV stock on TipRanks’ Stock Analysis page.