SUBSCRIBERS
Potential investment in Golden Land gets nod
Published Mon, Nov 9, 2015 · 09:50 PM
Singapore
THE board of Frasers Centrepoint Ltd (FCL) has approved a potential strategic investment in Golden Land Property Development Public Company (Gold), which is listed on the Stock Exchange of Thailand.
FCL will invest 4.97 billion baht (S$196 million) for the subscription of new ordinary shares in Gold at 7.25 baht per share. This represents a premium of 1.4 per cent over the last closing price of Gold's shares on Nov 6.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Spotify sued over alleged unpaid royalties
Keppel Reit unit obtains 131 billion won loan facility
US: Wall St inches up, set for weekly gains on rate-cut hopes
India's Zee Entertainment reports Q4 profit as advertising demand picks up
Halcyon Agri posts 88.2% rise in Q1 Ebitda
Keppel’s data centres CEO to become senior managing director, M1 CEO to helm connectivity portfolio