Stocks to watch: Sheng Siong, DBS, UOB, OCBC, SIA, Ascendas Reit, Dairy Farm

29 Apr 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: Sheng Siong Group: The supermarket operator on Tuesday posted a net profit of S$29 million for its first quarter ended March 31, up 49.9 per cent from a year earlier. Sheng Siong also announced that its ...
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Frasers' enlarged REIT to be known as Frasers Logistics & Commercial Trust after merger

29 Apr 2020 - The Edge Markets
SINGAPORE (Apr 29): Following its merger announcement on Dec 2, 2019, the enlarged REIT comprising Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) will be known as Frasers Logistics & Commercial Trust (FLCT) with effect from Wednesday. The total consideration for the proposed ...
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FLT rebrands to Frasers Logistics & Commercial Trust after merger

29 Apr 2020 - Singapore Business Review
The new name is said to be in line with its broadened investment mandate. Frasers Logistics & Industrial Trust (FLT) has been renamed to Frasers Logistics & Commercial Trust (FLCT), after completing the merger between FLT and Frasers Commercial Trust (FCOT), according to a press release. The new name ...
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FLT and FCOT merger commences

16 Apr 2020 - Singapore Business Review
FLT’s new investment mandate also came into effect. The merger between Frasers Logistics Trust (FLT) and Frasers Commercial Trust (FCOT) took effect on 15 April, a local bourse filing revealed. They have notified the Monetary Authority of Singapore in writing of the grant of the court order sanctioning ...
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Singapore shares open higher tracking US gains; STI up 2.5%

31 Mar 2020 - The Business Times
SINGAPORE shares opened higher on Tuesday after US stocks had closed higher overnight despite a sharp increase in coronavirus cases in the US and other major economies. The Straits Times Index gained 61.06 points or 2.5 per cent to 2,477.30 as at 9.04am, paring some of the losses from its 4.5 per cent ...
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Stocks to watch: DBS, Singtel, Singapore Airlines, City Dev, FLT, FCOT

31 Mar 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: DBS Group: The bank on Monday announced that it will defer dividend payments to shareholders until after a new date for its annual general meeting (AGM) is fixed. The payment of the proposed final dividend ...
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Court hearing for FLT-FCOT merger set on 3 April

31 Mar 2020 - Singapore Business Review
FCOT will be delisted on 29 April. The court hearing for the proposed merger of Frasers Logistics Trust (FLT) and Frasers Commercial Trust (FCOT) is set to be held on 3 April, an SGX announcement revealed. It will be conducted through a video conference as a precautionary measure in view of COVID-19. ...
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Singapore stocks sink amid global rout; STI opens 1.4% lower

12 Mar 2020 - The Business Times
SINGAPORE shares tumbled in the early trade on Thursday tracking a Wall Street rout overnight, with the Straits Times Index (STI) losing 39.19 points or 1.4 per cent to 2,744.53 as at 9.01am. Losers outnumbered gainers 148 to 19, after about 47.2 million securities worth S$73.7 million changed hands. ...
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Stocks to watch: FLT, FCOT, Q&M Dental, OCBC, StarHub, SPH, Prudential

12 Mar 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday: Frasers Logistics & Industrial Trust (FLT), Frasers Commercial Trust (FCOT): Unitholders of both trusts have voted overwhelmingly to approve their merger. The unitholders also approved the acquisition ...
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Unitholders greenlight FLT and FCOT merger

12 Mar 2020 - Singapore Business Review
They also approved the payment of all fees and expenses relating to the proposed merger. A majority (99.85%) of the shareholders of Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) gave a go-ahead to the proposed merger between the two trusts, an SGX filing revealed. Unitholders ...
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