Unit holders approve $1.58b Fraser Reits merger

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines