Live Well with Michelle (10am to 1pm)Live Well with Michelle (10am to 1pm)

Money and Me: What could unitholders responsible for FHT’s failed privatisation bid  be holding out for?

View descriptionShare
 

Frasers Hospitality Trust, suffered a 24 percent dip in share prices after a $1.35 billion proposal to take the trust private fell through.. The privatisation offer seemed generous enough,– at a 7 per cent premium to net asset value (NAV) But earlier this week, the global hotel and serviced residence trust clocked in 74.88 percent of shareholder votes who were in favour of the proposal, narrowly missing the 75 per cent needed for the resolution to pass.

Many market watchers were surprised including our guest Kenny Loh, REIT Specialist and Independent Financial Advisor. We find out why and ask if hospitality Reits listed in Singapore - which have seen a remarkable revival in fortunes-  can continue their march forward.

Michelle Martin and Kenny Loh also take a closer look at the S-reit landscape month-on-month performance across sectors.  

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 3 playlist(s)

Live Well with Michelle (10am to 1pm)

Start your day on a positive note with Live Well with Michelle Martin. The show explores wellbeing  
Social links
Follow podcast
Recent clips
Browse 2,524 clip(s)