Corporate digest
Frasers Logistics & Commercial Trust
FRASERS Logistics & Industrial Trust (FLT) has been renamed Frasers Logistics & Commercial Trust (FLCT), following the S$1.58 billion merger between Frasers' logistics and commercial real estate investment trusts (Reits).
With effect from 9am on May 4, FLCT's trading name on the Singapore bourse will be Frasers L&C Tr. Its stock code remains unchanged as BUOU. Meanwhile, Frasers Commercial Trust has been delisted from the Singapore Exchange.
UMS Holdings
CONTRACT manufacturer UMS has resumed normal operations at its factory in Penang, following the Malaysian government's green light. On Tuesday, Malaysia's International Trade and Industry Ministry (MITI) said that all economic sectors allowed to operate during the Movement Control Order (MCO) can ramp up their operations to full capacity from Wednesday.
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