FCT : Frasers Cpt Tr - Acquisition of 24.5% of Nex to increase their investment to 50 percent, Solid! Private placement at 2.18 per share, I think PO is coming!

 FCT : Frasers Cpt Tr  - Acquisition of 24.5% of Nex to increase their investment to 50 percent, Solid! Private placement at 2.18 per share,I think PO is coming! 

 To acquire additional 24.5% effective interest in NEX for S$523.1 million

— Raises FCT’s effective interest in NEX to 50.0% from 25.5% currently

— Acquisition is expected to be DPU accretive on a pro forma historical basis

Advance DPU of 4.25 cents.

Xd 1st February. 

I think PO is coming. 

Nice acquisition! Huat ah!

Pls dyodd.