Frasers Logistics & Industrial Trust: Announce Merger With Frasers Commercial Trust By Way Of Trust Scheme.02 Dec 2019 11:01
DPU accretive transactions for FLT and FCOT Unitholders on a pro forma basis. Create a diversified portfolio valued at S$5.7 billion. Top-10 S-REIT by market capitalisation with index representation. Enlarged capital base with a broadened ROFR pipeline in excess of S$5.0 billion. Scheme Consideration of S$1.680 per FCOT Unit at premium of c. 3.5% to 1-month VWAP...
Source: ShareInvestor Express