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Frasers Hospitality Trust ( (SG:ACV) ) has issued an announcement.
Frasers Hospitality Trust has announced a proposed privatization through a trust scheme of arrangement. The company has filed for a court order to sanction the scheme, with a court hearing scheduled for September 3, 2025. This move could significantly impact the company’s operational structure and market positioning, potentially affecting stakeholders involved.
The most recent analyst rating on (SG:ACV) stock is a Hold with a S$0.50 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. It operates within the real estate investment sector, focusing on hospitality assets.
Average Trading Volume: 3,171,779
Technical Sentiment Signal: Buy
Current Market Cap: S$1.37B
Learn more about ACV stock on TipRanks’ Stock Analysis page.