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Frasers Logistics & Commercial Trust ( (SG:BUOU) ) just unveiled an announcement.
Frasers Logistics & Commercial Trust announced a new loan facility agreement with DBS Bank Ltd. for S$150 million, which includes a condition that mandates prepayment if there is a change in the manager of FLCT without the lender’s consent. This agreement impacts the management stability and financial operations of FLCT, emphasizing the importance of maintaining current management to fulfill the loan conditions.
More about Frasers Logistics & Commercial Trust
Frasers Logistics & Commercial Trust is a real estate investment trust based in Singapore, involved in logistics and commercial properties.
YTD Price Performance: -0.77%
Average Trading Volume: 18,822
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.42B
For a thorough assessment of BUOU stock, go to TipRanks’ Stock Analysis page.
