Frasers Hospitality Trust up by more than 5% on talks of privatisation
It has reportedly received board approval to explore move but may choose not to proceed
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Singapore
TALK of a possible privatisation have sent the stapled securities of Frasers Hospitality Trust (FHT) climbing.
It closed at S$0.60, up S$0.03 or 5.3 per cent at the end of Friday's (Apr 8) trade.
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