Frasers Centrepoint Trust Issues 1.5 Million Units to Manager

MT Newswires

07/31

Frasers Centrepoint Trust (SGX:J69U) issued nearly 1.5 million units at SG$2.2590 apiece for the payment of base fee components of management fee to its manager, Frasers Centrepoint Asset Management, according to a Thursday filing with the Singapore Exchange.

The fee was for the period from April 1 to June 30.

Following the issuance, the manager now holds around 120.9 million units in the trust.

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