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MARK TO MARKET

FLT-FCOT merger: Will market ethos trump fairness?

Why FCOT minorities should not support the proposed merger with FLT, and why they probably will in the end

A FORTNIGHT ago, this column took a close look at the proposed merger of CapitaLand Mall Trust and CapitaLand Commercial Trust. Since then, some investors have asked what I think of the proposed merger of Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT).

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