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Frasers Property ( (SG:TQ5) ) has provided an update.
Frasers Property Limited has announced the voluntary liquidation of its indirect wholly-owned subsidiary, FPE Beratungs GmbH, based in Germany. The liquidation is due to the subsidiary no longer being active in business, and it is not expected to significantly impact the company’s financial metrics for the current fiscal year.
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, incorporated in Singapore, operates in the real estate industry. The company, along with its subsidiaries, is involved in property development, investment, and management across various markets.
Average Trading Volume: 296,528
Technical Sentiment Signal: Buy
Current Market Cap: S$4.12B
For an in-depth examination of TQ5 stock, go to TipRanks’ Overview page.