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Unit holders to vote on $1.58b Frasers Reits merger
It is potentially eighth biggest in S'pore by market capitalisation if deal goes through
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Mr Robert Wallace, CEO of Frasers Logistics and Industrial Trust’s manager, with Mr Jack Lam, CEO of Frasers Commercial Trust’s manager. With a merger, the enlarged entity will gain greater representation in the FTSE EPRA/Nareit Global Real Estate Index Series (Global Developed Index).
ST PHOTO: NG SOR LUAN
Unit holders will vote next week on the proposed $1.58 billion merger of Frasers Logistics and Industrial Trust (FLT) and Frasers Commercial Trust (FCOT).
If the deal gets the green light, it will make the combined entity potentially Singapore's eighth biggest real estate investment trust (Reit) by market capitalisation.
