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Frasers Property raises stake in co-working startup JustCo

Vivienne Tay

Vivienne Tay

Published Thu, Jan 9, 2020 · 09:50 PM

Singapore

FRASERS Property, through its wholly-owned subsidiary, has bought additional shares in JustCo Holdings for US$12.4 million, the developer said in a filing on Wednesday night.

The move raises its stake in the co-working space operator to 22.2 per cent - held through Frasers Property Ventures I and Frasers Property Ventures II (FPL VII).

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