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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

Published Sat, Apr 9, 2022 · 05:50 AM

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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