Singapore Stock Market News

Frasers Hospitality Trust - Maiden acquisition

StockFanatic
Publish date: Tue, 12 May 2015, 11:14 AM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ Acquires Sofitel Sydney Wentworth for A$224m

■ Increases exposure to growing Sydney market

■ 2% uplift to FY16F DPU

Maintain BUY, TP raised to S$0.96
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