Stocks to watch: Frasers Centrepoint Trust, AEM, IReit Global

Srinidhi Ragavendran

Published Tue, Jan 23, 2024 · 08:38 AM
    • Frasers Centrepoint Trust has reported 99.9 per cent committed occupancy for its retail portfolio for the first quarter ended Dec 31, 2023.
    • Frasers Centrepoint Trust has reported 99.9 per cent committed occupancy for its retail portfolio for the first quarter ended Dec 31, 2023. PHOTO: FRASERS CENTREPOINT TRUST

    THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 23): Frasers Centrepoint Trust (FCT): The committed occupancy of the trust’s retail portfolio was 99.9 per cent for the first quarter ended Dec 31, 2023. This came on the back of stronger shopper traffic and improved tenant sales. The trust’s retail occupancy improved 1.5 per cent year on year, and increased 0.2 per cent compared with the previous quarter. Prior to the announcement, units of FCT ended Monday up 1.8 per cent or S$0.04 at S$2.24. AEM : The semicon