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The latest announcement is out from Frasers Hospitality Trust ( (SG:ACV) ).
Frasers Hospitality Trust has announced a proposed privatization through a trust scheme of arrangement, involving the acquisition of all issued stapled securities by Frasers Property Hospitality Trust Holdings. This move is part of a strategic realignment and is expected to impact stakeholders by potentially altering the company’s market positioning and operational strategy.
The most recent analyst rating on (SG:ACV) stock is a Buy with a S$0.70 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 comprised of Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust, both established in 2014 under Singaporean law. The company operates within the real estate investment sector, focusing on hospitality assets.
Average Trading Volume: 4,176,441
Technical Sentiment Signal: Buy
Current Market Cap: S$1.34B
For an in-depth examination of ACV stock, go to TipRanks’ Overview page.