Frasers Property

SINGAPORE (May 3): Frasers Property reported 2Q19 earnings of $120.5 million from a year ago, bringing 1H19 earnings to $266 million, 37.2% higher than a year ago.

SINGAPORE (Apr 4): Frasers Property says it has been in talks with certain parties who have expressed interest in acquiring a stake in Frasers Tower located at 182 Cecil Street.

SINGAPORE (Feb 20): CGS-CIMB Research is maintaining its “add” call on Frasers Property with a target price of $2.08, following the announcement of the group’s 1Q earnings results.

SINGAPORE (Feb 12): Frasers Property reported a 76.1% rise in 1Q earnings to $145.6 million compared to $82.7 million a year ago.

SINGAPORE (Dec 12): Frasers Property Australia is said to be acquiring Stockland’s The Grove Estate in Melbourne’s west for more than A$200 million ($198 million), according to reports from The Australian Financial Review.

SINGAPORE (Nov 9): Frasers Property concluded FY18 with earnings of $1.2 billion, a 15.8% improvement from $1.03 billion on higher revenue and fair value gains on investment properties.

SINGAPORE (Aug 13): Frasers Property last week announced that its 3Q18 earnings increased 8.6% y-o-y to $198.1 million.

SINGAPORE (Aug 8): Frasers Property, the real estate group formerly known as Frasers Centrepoint, reported 3Q earnings of $198.1 million, up 8.6% from a year ago.

SINGAPORE (July 12): Frasers Property is developing a residential-cum-commercial project in Ho Chi Minh City, Vietnam.

SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5 ppts and tightened Loan-to-Value (LTV) limits by 5 p