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Unit holders approve $1.58b Fraser Reits merger

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SINGAPORE (THE BUSINESS TIMES) - Frasers Logistics & Industrial Trust (FLT) unit holders have voted overwhelmingly to approve the proposed merger between FLT and Frasers Commercial Trust (FCOT), FLT said in a bourse filing during the midday trading break on Wednesday (March 11).. Read more at straitstimes.com.

SINGAPORE - Frasers Logistics & Industrial Trust unit holders have voted overwhelmingly to approve the proposed merger between FLT and Frasers Commercial Trust , FLT said in a bourse filing during the midday trading break on Wednesday .

The merger, first proposed in December 2019, would be by way of a trust scheme of arrangement and would cost $1.58 billion.

 

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