Frasers Centrepoint Trust

J69U: XSES (SGP)
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Frasers Centrepoint Trust: White Sands Disposal and Bayshore Drive Development Are Net Positive

Frasers Centrepoint Trust is divesting White Sands for SGD 467 million and will jointly develop the commercial component at Bayshore Drive with Sunway-MCL and Sekisui House for SGD 613 million. FCT will hold a 50% stake in the project.

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