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An announcement from Frasers Hospitality Trust ( (SG:ACV) ) is now available.
Frasers Hospitality Trust has received approval-in-principle from the Singapore Exchange Securities Trading Limited for its proposed privatization. This move involves delisting from the exchange through a trust scheme of arrangement, pending necessary approvals, which could significantly impact its market presence and stakeholder interests.
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 operates within the real estate investment sector, focusing on hospitality assets. It comprises Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust, both established under Singaporean law in 2014.
Average Trading Volume: 4,029,034
Technical Sentiment Signal: Buy
Current Market Cap: S$1.36B
For detailed information about ACV stock, go to TipRanks’ Stock Analysis page.