Frasers Property proposes tie-up with JV partner involving investment, bridging loan

businesstimes2021-11-26

FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (SHX), on Thursday (Nov 25) entered into a framework agreement with an unnamed joint-venture (JV) ...

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Profit attributable to shareholders would have fallen from S$775 million to S$760.7 million.\nIf the proposed investments had been made on Sep 30, 2021, there would have been no difference to the pro forma financial impact on net tangible assets, said the company.\nOn Tuesday (Nov 23), Frasers Property announced that it has cancelled plans to acquire a 75 per cent stake in Vietnam property development company Phu An Dien Real Estate Joint Stock Company. 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