MARK TO MARKET
·
SUBSCRIBERS

Frasers Property pops on deal rumour

Waning profitability and lowered dividend in recent years likely to have been as disappointing for majority shareholders as minority investors

Ben Paul
Published Mon, Jan 15, 2024 · 05:00 AM

MINORITY shareholders of Frasers Property Ltd (FPL) offered lots of ideas during the company’s annual general meeting (AGM) last year about what could be done to increase its dividend rate and boost its share price.

One shareholder suggested that FPL monetise some of its assets in order to lower its gearing and reduce the perceived risk profile of the group, the AGM minutes indicated.

Another shareholder asked if FPL had considered separating its property management business from its capital-intensive property development activities.

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Opinion & Features

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here