Frasers Centrepoint Limited (FCL)

SINGAPORE (April 20): Frasers Centrepoint’s Australian division and JV partner is selling Sydney’s Four Points by Sheraton hotel in Central Park and some associated office space for nearly A$190 million ($199 million).

SINGAPORE (April 18): DBS says Frasers Centrepoint’s acquisition of Geneba Properties N.V. will help the property group gain a foothold in the logistics and industrial market in Europe.

SINGAPORE (April 17): Frasers Property International, the wholly-owned subsidiary of Frasers Centrepoint Limited (FCL), has entered into a conditional agreement to acquire an 86.56% stake in Geneba Properties N.V. for EUR 315.9 million ($471.6 million) f

SINGAPORE (April 13): In the past few weeks, at least two brokerage firms have put out research reports speculating on a potential restructuring at Thai Beverage this year that involves its major stakes in F&N and Frasers Centrepoint Limited (FCL).

SINGAPORE (April 7): DBS is maintaining its “buy” on Frasers Centrepoint Limited (FCL) with a target price at $2.00 for its attractive valuations and 5% dividend yield which is one of the highest among developers.

SINGAPORE (April 4): Taking your chances on Singapore’s Straits Times Index (STI) could be a wiser investment decision than putting your capital in the local property market, says Tata Goeyardi of Religare Capital Markets.

SINGAPORE (March 23): CIMB is maintaining its “add” call on Thai Beverage with $1.07 target price, on expectations the company will take a step closer to becoming a regional beverage player once F&N and Frasers Centrepoint’s restructuring are comple

SINGAPORE (Feb 10): DBS Vickers Securities is maintaining Frasers Centrepoint Limited (FCL) at “buy” with a target price estimate of $2, and continues to like the stock for its attractive valuations despite potential headwinds in the property market.

SINGAPORE (Feb 9): Frasers Centrepoint Limited (FCL) has announced 1Q17 earnings of $187.5 million, nearly double from the $98.7 million declared a year ago.

SINGAPORE (Jan 17): Frasers Centrepoint Limited announced that FCL Treasury, a wholly-owned subsidiary of the company, has established a $5 billion multi-currency debt issuance programme on Monday.