Brief: Frasers Centrepoint Trust Says It Will Buy Additional 10% Stake In Waterway Point

Frasers Centrepoint Trust

12/09/2022 16:27

Sept 12 (Reuters) - Frasers Centrepoint Trust  FCRT.SI :
    * TO ACQUIRE ADDITIONAL 10.0% STAKE IN WATERWAY POINT
    * POST COMPLETION OF ACQUISITION, FCT WILL OWN A 50.0% STAKE
IN
WATERWAY POINT, UP FROM 40.0% PRIOR TO ACQUISITION
    * DEALS TO ACQUIRE 10% OF TOTAL ISSUED UNITS OF SAPPHIRE
STAR
TRUST & ANOTHER TO ACQUIRE 10% OF FC RETAIL TRUSTEE PTE
    * TOTAL ACQUISITION OUTLAY FOR ACQUISITION ABOUT S$132.3
MILLION

Source text for Eikon:  ID:nSN4BdT75 
Further company coverage:  FCRT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))