Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Frasers Hospitality Trust ( (SG:ACV) ) is now available.
Frasers Hospitality Trust announced the court’s sanctioning of its proposed privatization through a trust scheme of arrangement. This development marks a significant step towards the scheme’s effectiveness, pending the fulfillment or waiver of all conditions as per the Implementation Agreement. The privatization is expected to impact the company’s market operations and stakeholder interests by potentially altering its public trading status.
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 combination of Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust, both established under the laws of the Republic of Singapore. The company operates in the real estate investment sector, focusing on hospitality properties.
Average Trading Volume: 2,792,774
Technical Sentiment Signal: Buy
Current Market Cap: S$1.38B
See more insights into ACV stock on TipRanks’ Stock Analysis page.