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Novotel Melbourne on Collins

Results

Frasers Hospitality Trust 3Q DPS falls 18.2% to 1.2374 cent post-rights issue

SINGAPORE (July 27): The managers of Frasers Hospitality Trust (FHT) have declared a distribution per stapled security (DPS) of 1.2374 cent for the third quarter ended June, down 18.2% from its DPS of 1.5126 in the same quarter a year ago.

July 27, 2017

Frasers Hospitality Trust's rights issue oversubscribed at 141.3%; raises $266.3 mil

SINGAPORE (Oct 11): The managers of Frasers Hospitality Trust (FHT) say its rights issue was oversubscribed at 141.3% with valid acceptances and excess applications for a total of 624 million rights stapled securities received as at Oct 7.

October 11, 2016

Frasers Hospitality Trust undertakes rights issue to fund $245 mil acquisition of Novotel Melbourne on Collins

SINGAPORE (Sept 10): Frasers Hospitality Trust (FHT) is undertaking a rights issue to raise $266.3 million to fund the acquisition of hotel Novotel Melbourne on Collins plus 72 car park lots for a total consideration of A$237 million ($245.4 million).

September 10, 2016

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