Frasers Logistics & Commercial Trust (FLCT) said on Feb, 12 2026 that it has issued 5.24 million new units to satisfy part of the management fees accrued for the quarter from Oct, 1 2025 to Dec, 31 2025.

The issuance covers 75 per cent of an aggregate base fee of 6.93 million Singapore dollars, split between the REIT Manager and FLT Australia Management, the investment manager of FLT Australia Trust.

A total of 4.24 million units were allotted to settle the REIT Manager’s portion, while 0.99 million units were allotted for the HAUT Manager’s portion, all priced at 0.9917 Singapore dollars each.

Frasers Property Industrial Trust Holdings II was nominated to receive the entire 5.24 million units and will pay the equivalent cash consideration to the respective managers.

Following the issuance, FLCT’s total outstanding units rose to 3.80 billion. The REIT Manager now owns 18.25 million units, or about 0.48 per cent of the total, while Frasers Property Industrial Trust Holdings II holds 838.02 million units, representing roughly 22.08 per cent.