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Frasers Property ( (SG:TQ5) ) has provided an announcement.
Frasers Property Limited has provided an update on its capital injections into BetterBe Marketplace Co., Ltd. through its Thai joint venture structure, reaffirming its strategy of investing in third-party technologies and digital businesses that complement its core property operations. The move, executed via Must Be Company Limited, the joint venture with subsidiaries of Thai Beverage Public Company Limited, reflects Frasers Property’s continued commitment to the BetterBe platform and to expanding its technology-driven offerings in Thailand, potentially strengthening its regional positioning and creating new growth avenues beyond traditional real estate activities.
The most recent analyst rating on (SG:TQ5) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on Frasers Property stock, see the SG:TQ5 Stock Forecast page.
More about Frasers Property
Frasers Property Limited is a Singapore-incorporated property group with a diversified real estate portfolio and operations conducted through various subsidiaries and joint ventures, including significant activities in Thailand via Frasers Property (Thailand) Public Company Limited. The group participates in property development, investment, and related technology ventures, often in partnership with regional conglomerates such as Thai Beverage Public Company Limited to explore third-party technologies and new business models in the real estate and digital marketplace space.
Average Trading Volume: 314,496
Technical Sentiment Signal: Buy
Current Market Cap: S$4.48B
For detailed information about TQ5 stock, go to TipRanks’ Stock Analysis page.