Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Frasers Logistics & Commercial Trust ( (SG:BUOU) ) just unveiled an announcement.
Frasers Logistics & Commercial Trust has entered into a USD 50 million loan facility agreement with The HongKong and Shanghai Banking Corporation Limited, Singapore Branch. The agreement includes a condition that mandates prepayment if there is a change in the management of FLCT without the lender’s consent, potentially impacting the company’s financial operations and stakeholder interests.
The most recent analyst rating on (SG:BUOU) stock is a Hold with a S$0.90 price target. To see the full list of analyst forecasts on Frasers Logistics & Commercial Trust stock, see the SG:BUOU Stock Forecast page.
More about Frasers Logistics & Commercial Trust
Frasers Logistics & Commercial Trust (FLCT) is a real estate investment trust based in Singapore, focusing on logistics and commercial properties. Managed by Frasers Logistics & Commercial Asset Management Pte. Ltd., it operates under the laws of the Republic of Singapore.
Average Trading Volume: 12,440,557
Technical Sentiment Signal: Buy
Current Market Cap: S$3.65B
For a thorough assessment of BUOU stock, go to TipRanks’ Stock Analysis page.