Frasers Centrepoint Limited was listed on 9th January 2014 on SGX mainboard after she had demerged from the F&N group. For every 1 share of F&N, it's shareholders are given 2 shares of Frasers Centrepoint Limited. FCL commence trading with an opening price of $1.610. FCL's current total number of issued shares of 2,889,812,572 shares, it's market capitalisation is approximately S$4.3 billion at closing.
FCL had 4 main types of businesses namely Residential, Commercial, Hospitality and REITs.
Frasers Centrepoint Limited has major stakes in two Real Estate
Investment Trusts (REITs) – Frasers Centrepoint Trust (FCT) and Frasers
Commercial Trust (FCOT). Both the retail and commercial REITs have
delivered strong growth and set new records for their respective
distribution per unit, thereby, optimising returns for their unitholders.
As I had purchased a property from Frasers Centrepoint Limited, hence I am very keen in investing with this company as I strongly think that the current price is under valued. It is currently the third biggest property developers in Singapore which will be one of the big brothers in property market in the near future.
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