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New appointments
Frasers Property and ThaiBev make key leadership movements
On Jan 15, FPL announced three promotions and two role expansions.
January 15, 2024
Company in the news
Frasers Property owners may sell company as part of strategic review: WSJ
A spokesperson from FPL declined to comment, saying that the group does not comment “on market speculation or rumours."
January 10, 2024
Corporate moves
Frasers Property books fair value losses, eyes ways to bridge the value gap
FPL’s shares, which closed at 82.5 cents on Nov 15, is a 67.3% discount to its NAV of $2.52 as of Sept 30.
November 16, 2023
Results
Frasers Property sinks into the red with $74.0 mil loss in 2HFY2023 on fair value losses
FPL's FY2023 earnings were down by 85.9% y-o-y to $123.2 million. The group has declared a dividend of 4.5 cents for the year.
November 11, 2023
Broker's Calls
Brokers’ Digest: OCBC, Centurion, Frasers Property, Aztech Global, Sats, SIA
Here's what the analysts have to say this week.
October 20, 2023
Broker's Calls
Negatives already priced in for Frasers Property, says DBS
The team reinstated a “buy” on Frasers Property on Sept 14 with a target price of $1.21.
October 13, 2023
Broker's Calls
DBS reinstates 'buy' on Frasers Property, says 'immense value' overlooked by investors
DBS analysts have reduced their target price to $1.21 from $1.70 previously, pegged to a 60% discount to Frasers Property's RNAV.
September 15, 2023
New appointments
Frasers Property appoints ThaiBev CEO as chairman of its exco
Current chairman Charoen Sirivadhanabhakdi will be retiring from his position.
August 30, 2023
Environmental, Social and Governance
Frasers Property entity secures refinancing for $1.08 bil green loan
Frasers Property enjoys a lower margin on its green loan if Frasers Tower maintains at least a Green Mark GoldPLUS certification.
August 22, 2023
M&A
Frasers Property acquires Frasers Property Technology for $18.0 mil
As at 9.50am, shares in Frasers Property are trading 0.5 cents lower or 0.57% down at 88 cents.
May 11, 2023