Frasers Centrepoint (SG:J69U) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Frasers Centrepoint Trust (FCT), managed by Frasers Centrepoint Asset Management Ltd., has secured a S$200 million loan from United Overseas Bank Limited, with terms that include mandatory prepayment if there’s a change in management without bank consent or if Frasers Property Limited’s ownership in the manager falls below 51%. Additionally, the company must retain the appointed advisor for the management of the Century Square property. No Specified Conditions triggering events have occurred as of the date of the announcement.
For further insights into SG:J69U stock, check out TipRanks’ Stock Analysis page.
