Brief: Frasers Property To Temporarily Suspend Interim Dividend

Frasers Property

13/05/2020 02:23

May 13 (Reuters) - Frasers Property Ltd  FRPL.SI :
    * TO TEMPORARILY SUSPEND INTERIM DIVIDEND
    * BOARD MEMBERS OF FPL & UNITS WILL TAKE VOLUNTARY 10%
REDUCTION
IN THEIR DIRECTORS' FEES
    * GROUP CEO WILL TAKE A 25% REDUCTION IN BASE SALARY
    * OTHER MEMBERS OF SENIOR MANAGEMENT WILL TAKE BASE SALARY
REDUCTIONS OF UP TO 10%

Source text for Eikon:  ID:nSNZ83yWjb 
Further company coverage:  FRPL.SI 

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