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Frasers Logistics & Commercial Trust ( (SG:BUOU) ) just unveiled an update.
Frasers Logistics & Commercial Trust has announced a S$200 million loan facility agreement with United Overseas Bank Limited, which includes conditions regarding the management of the trust. A mandatory prepayment event will occur if there is a change in the manager of the trust without the lender’s prior consent, potentially impacting the financial operations and strategic management of the trust.
More about Frasers Logistics & Commercial Trust
Frasers Logistics & Commercial Trust is a real estate investment trust established in Singapore. It focuses on logistics and commercial properties, leveraging market opportunities to enhance its real estate portfolio.
YTD Price Performance: 0.62%
Average Trading Volume: 18,822
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.43B
Learn more about BUOU stock on TipRanks’ Stock Analysis page.
