Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Frasers Logistics & Commercial Trust ( (SG:BUOU) ).
Frasers Logistics & Commercial Trust has secured unitholder approval at its latest annual general meeting to amend its trust deed provisions governing how and when the manager elects to receive its base and performance fees in cash and/or units, as well as the method for determining the market price when fees are paid in units. Following this approval, the manager and trustee have executed an eighth supplemental deed to implement these changes, which will take effect one month after the announcement, providing greater clarity and formalised flexibility around the manager’s fee structure and potentially affecting the balance between cash outflows and unit-based compensation for the REIT and its investors.
The most recent analyst rating on (SG:BUOU) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on Frasers Logistics & Commercial Trust stock, see the SG:BUOU Stock Forecast page.
More about Frasers Logistics & Commercial Trust
Frasers Logistics & Commercial Trust is a Singapore-listed real estate investment trust focused on logistics and commercial properties. Managed by Frasers Logistics & Commercial Asset Management Pte. Ltd., the trust invests in income-producing industrial and commercial assets, providing unitholders with exposure to logistics and business space markets in key developed economies.
YTD Price Performance: 3.52%
Average Trading Volume: 11,767,469
Technical Sentiment Signal: Buy
Current Market Cap: S$3.9B
For detailed information about BUOU stock, go to TipRanks’ Stock Analysis page.