Singapore Stock Market News

Frasers Hospitality Trust - Maiden acquisition

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Publish date: Tue, 12 May 2015, 11:14 AM
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â–  Acquires Sofitel Sydney Wentworth for A$224m

â–  Increases exposure to growing Sydney market

â–  2% uplift to FY16F DPU

â–  Maintain BUY, TP raised to S$0.96
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