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FCOT unit holders advised to vote for FLT merger

Deal is NAV-dilutive, but DPU-accretive for FCOT unit holders

Singapore

THE offer by Frasers Logistics & Industrial Trust (FLT) to acquire all units of Frasers Commercial Trust (FCOT) is fair and reasonable, the independent financial advisor to FCOT unit holders said on Friday.

Although the deal is dilutive to FCOT unit holders on a net...

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