Frasers Property proposes tie-up with JV partner involving investment, bridging loan_老虎社区_美港股上老虎

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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chaisiewling
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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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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6728521,"gmtCreate":1637893578964,"gmtModify":1637893579041,"authorId":3584578813080112,"author":{"id":3584578813080112,"authorId":3584578813080112,"name":"chaisiewling","avatar":"https://static.tigerbbs.com/a9a4a1e448f0d39c51c24533166eb658","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877100681,"type":1,"supId":0,"prevId":0,"content":"Like ","text":"Like ","html":"Like "}],"langContent":"CN"},{"id":877378768,"gmtCreate":1637892759759,"gmtModify":1637892759970,"author":{"id":"3565920966285810","authorId":"3565920966285810","name":"7a06b928","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877378768","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6728343,"gmtCreate":1637892780503,"gmtModify":1637892780576,"authorId":3565920966285810,"author":{"id":3565920966285810,"authorId":3565920966285810,"name":"7a06b928","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877378768,"type":1,"supId":0,"prevId":0,"content":".z","text":".z","html":".z"}],"langContent":"CN"},{"id":877348209,"gmtCreate":1637891871107,"gmtModify":1637891871452,"author":{"id":"3574943393887740","authorId":"3574943393887740","name":"Geniex","avatar":"https://static.tigerbbs.com/581664640a374b5a1a5c0cc84f9d53f4","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[开心]&nbsp;","listText":"[开心]&nbsp;","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877348209","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877343842,"gmtCreate":1637891717375,"gmtModify":1637891717488,"author":{"id":"4091925166419540","authorId":"4091925166419540","name":"Jazim","avatar":"https://static.tigerbbs.com/85de7ecb80758afc3288fc8bb7e5ef27","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877343842","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6728115,"gmtCreate":1637891878460,"gmtModify":1637891878565,"authorId":3574943393887740,"author":{"id":3574943393887740,"authorId":3574943393887740,"name":"Geniex","avatar":"https://static.tigerbbs.com/581664640a374b5a1a5c0cc84f9d53f4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877343842,"type":1,"supId":0,"prevId":0,"content":"[开心]","text":"[开心]","html":"[开心]"}],"langContent":"CN"},{"id":877352990,"gmtCreate":1637891162044,"gmtModify":1637891162362,"author":{"id":"3576274545052910","authorId":"3576274545052910","name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"&nbsp;Like","listText":"&nbsp;Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877352990","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727951,"gmtCreate":1637891359630,"gmtModify":1637891359659,"authorId":3586478636083299,"author":{"id":3586478636083299,"authorId":3586478636083299,"name":"PLPLPLPLPL","avatar":"https://static.tigerbbs.com/c9fd1ac2395cdd2f3cf800542a92295a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877352990,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":877327664,"gmtCreate":1637890628430,"gmtModify":1637890628629,"author":{"id":"3574048205972490","authorId":"3574048205972490","name":"vincentlaubc","avatar":"https://static.tigerbbs.com/527738d1afb729d071d6d5a4b247954f","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877327664","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727907,"gmtCreate":1637891157901,"gmtModify":1637891158019,"authorId":3576274545052910,"author":{"id":3576274545052910,"authorId":3576274545052910,"name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877327664,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"CN"},{"id":877322605,"gmtCreate":1637890427717,"gmtModify":1637890427820,"author":{"id":"3570089742250981","authorId":"3570089742250981","name":"hyhop","avatar":"https://static.tigerbbs.com/0c810c839e0549461f5f465b72f9be83","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877322605","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727758,"gmtCreate":1637890473916,"gmtModify":1637890474024,"authorId":3568965050760713,"author":{"id":3568965050760713,"authorId":3568965050760713,"name":"TK63","avatar":"https://static.tigerbbs.com/a4080eac72045136aac680a580145aba","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877322605,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":6727749,"gmtCreate":1637890431150,"gmtModify":1637890431228,"authorId":3570089742250981,"author":{"id":3570089742250981,"authorId":3570089742250981,"name":"hyhop","avatar":"https://static.tigerbbs.com/0c810c839e0549461f5f465b72f9be83","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877322605,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":877326481,"gmtCreate":1637890308010,"gmtModify":1637890308010,"author":{"id":"3550746187524851","authorId":"3550746187524851","name":"willtayyy","avatar":"https://static.tigerbbs.com/3d7cb4a510e409b516d00d5153a94c94","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877326481","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727786,"gmtCreate":1637890636131,"gmtModify":1637890636164,"authorId":3574048205972490,"author":{"id":3574048205972490,"authorId":3574048205972490,"name":"vincentlaubc","avatar":"https://static.tigerbbs.com/527738d1afb729d071d6d5a4b247954f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877326481,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":877326379,"gmtCreate":1637890227280,"gmtModify":1637890227451,"author":{"id":"3560730969024945","authorId":"3560730969024945","name":"AlexWong","avatar":"https://static.tigerbbs.com/5355aad69cfd852f084e4c841a5fb0b0","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Dont waste time lah.&nbsp;","listText":"Dont waste time lah.&nbsp;","text":"Dont waste time lah.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877326379","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727777,"gmtCreate":1637890568631,"gmtModify":1637890568724,"authorId":3561362657045281,"author":{"id":3561362657045281,"authorId":3561362657045281,"name":"ravel","avatar":"https://static.tigerbbs.com/e7f280012afad4313a10adb12aa214c7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877326379,"type":1,"supId":0,"prevId":0,"content":"Why?","text":"Why?","html":"Why?"}],"langContent":"CN"},{"id":877328298,"gmtCreate":1637890156849,"gmtModify":1637890157104,"author":{"id":"3581756561831102","authorId":"3581756561831102","name":"Onz0","avatar":"https://static.tigerbbs.com/1a29b17997f45acab8adeb94cb9cc063","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like 👍&nbsp;","listText":"Like 👍&nbsp;","text":"Like 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877328298","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727684,"gmtCreate":1637890183094,"gmtModify":1637890183123,"authorId":3576547960360401,"author":{"id":3576547960360401,"authorId":3576547960360401,"name":"sleepycat","avatar":"https://static.tigerbbs.com/5b377a1c5c1cb9846ec43d7fe2be8097","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877328298,"type":1,"supId":0,"prevId":0,"content":"stonks","text":"stonks","html":"stonks"}],"langContent":"CN"},{"id":877328861,"gmtCreate":1637890151207,"gmtModify":1637890151207,"author":{"id":"3581589039331867","authorId":"3581589039331867","name":"jjt87","avatar":"https://static.tigerbbs.com/42cf95c9822b5198293ea31c46dfbe92","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877328861","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877328348,"gmtCreate":1637890135773,"gmtModify":1637890135933,"author":{"id":"3581562038507991","authorId":"3581562038507991","name":"卖女孩的小火柴v","avatar":"https://static.tigerbbs.com/ba918be4c84fbffa0546cae2b23bfbb7","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877328348","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727679,"gmtCreate":1637890163132,"gmtModify":1637890163165,"authorId":3581589039331867,"author":{"id":3581589039331867,"authorId":3581589039331867,"name":"jjt87","avatar":"https://static.tigerbbs.com/42cf95c9822b5198293ea31c46dfbe92","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877328348,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":877321400,"gmtCreate":1637890088005,"gmtModify":1637890088150,"author":{"id":"3575867559801093","authorId":"3575867559801093","name":"JQing","avatar":"https://static.tigerbbs.com/ed5b621dfa986aa908cbc70f2a608ac8","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877321400","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727671,"gmtCreate":1637890140408,"gmtModify":1637890140437,"authorId":3581562038507991,"author":{"id":3581562038507991,"authorId":3581562038507991,"name":"卖女孩的小火柴v","avatar":"https://static.tigerbbs.com/ba918be4c84fbffa0546cae2b23bfbb7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877321400,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"CN"},{"id":877323886,"gmtCreate":1637889987741,"gmtModify":1637889987854,"author":{"id":"3581986677202510","authorId":"3581986677202510","name":"Mh1234","avatar":"https://static.tigerbbs.com/79c29d571575c18e59fc4a6ac2fc2c80","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"&nbsp;Like pls","listText":"&nbsp;Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877323886","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727656,"gmtCreate":1637890082851,"gmtModify":1637890082880,"authorId":3575867559801093,"author":{"id":3575867559801093,"authorId":3575867559801093,"name":"JQing","avatar":"https://static.tigerbbs.com/ed5b621dfa986aa908cbc70f2a608ac8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877323886,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"CN"},{"id":877320236,"gmtCreate":1637889890946,"gmtModify":1637889891129,"author":{"id":"3570272942006173","authorId":"3570272942006173","name":"Raz","avatar":"https://static.tigerbbs.com/f9ea187e9aeaaf216b9012645f7a0d31","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877320236","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727639,"gmtCreate":1637889999023,"gmtModify":1637889999058,"authorId":3581986677202510,"author":{"id":3581986677202510,"authorId":3581986677202510,"name":"Mh1234","avatar":"https://static.tigerbbs.com/79c29d571575c18e59fc4a6ac2fc2c80","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877320236,"type":1,"supId":0,"prevId":0,"content":" Like pls","text":" Like pls","html":" Like pls"},{"id":6727614,"gmtCreate":1637889945036,"gmtModify":1637889945068,"authorId":3579777216498074,"author":{"id":3579777216498074,"authorId":3579777216498074,"name":"JANICELSJ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877320236,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":877367259,"gmtCreate":1637889806565,"gmtModify":1637889806710,"author":{"id":"3581964865703500","authorId":"3581964865703500","name":"Skinbanana","avatar":"https://static.tigerbbs.com/61a06c7d7c63777f63272cf25f90e024","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877367259","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property proposes tie-up with JV partner involving investment, bridging loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727681,"gmtCreate":1637890171034,"gmtModify":1637890171068,"authorId":3581756561831102,"author":{"id":3581756561831102,"authorId":3581756561831102,"name":"Onz0","avatar":"https://static.tigerbbs.com/1a29b17997f45acab8adeb94cb9cc063","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877367259,"type":1,"supId":0,"prevId":0,"content":"K","text":"K","html":"K"}],"langContent":"CN"},{"id":877365424,"gmtCreate":1637889614750,"gmtModify":1637889614844,"author":{"id":"3582660988760330","authorId":"3582660988760330","name":"trollingck","avatar":"https://static.tigerbbs.com/f85cee7a0dae1e53508cfcfe009a8823","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"h","listText":"h","text":"h","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877365424","repostId":1149721467,"repostType":4,"repost":{"id":"1149721467","pubTimestamp":1637889515,"share":"https://www.laohu8.com/m/news/1149721467?lang=&edition=full","pubTime":"2021-11-26 09:18","market":"sg","language":"en","title":"Frasers Property proposes tie-up with JV partner involving investment, bridging loan","url":"https://stock-news.laohu8.com/highlight/detail?id=1149721467","media":"businesstimes","summary":"FRASERS Property, through its wholly-owned subsidiary Suzhou Sing He Xiang Management Consultancy (S","content":"<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property proposes tie-up with JV partner involving investment, bridging loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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) ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/frasers-property-proposes-tie-up-with-jv-partner-involving-investment-bridging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149721467","content_text":"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) partner and its related entity to participate in a potential investment in land.\nIn a bourse filing, the multinational property company said that if the deal materialises, SHX will acquire an indirect interest of up to 40 per cent in the JV. Frasers Property noted that none of the JV partners is an \"interested person\" of the company.\nSHX will be providing funding of some 1.6 billion yuan (S$337 million) towards costs for the investment. It will also extend an interest-bearing bridging loan of some 1 billion yuan for a term of up to Apr 1, 2022, which will be utilised by the said JV partner towards payments in relation to the proposed investment. The loan bears an interest rate of 8 per cent per annum.\n\"The company is of the view that the provision of the proposed SHX investment amount towards the proposed investment would enable the group to form a strategic alliance with the JV partners and potentially jointly participate in other investment opportunities in the future,\" said Frasers Property.\nAssuming the proposed investment amount had been on Oct 1, 2020, the earnings per share would have declined to S$0.222, from S$0.226 previously. 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. It said the conditions precedent for the completion of the proposed acquisition have not been fulfilled by the long-stop date agreed by the parties.\nShares of Frasers Property closed flat at S$1.18 on Thursday (Nov 25).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6727520,"gmtCreate":1637889618593,"gmtModify":1637889618623,"authorId":3582660988760330,"author":{"id":3582660988760330,"authorId":3582660988760330,"name":"trollingck","avatar":"https://static.tigerbbs.com/f85cee7a0dae1e53508cfcfe009a8823","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877365424,"type":1,"supId":0,"prevId":0,"content":"b","text":"b","html":"b"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":100,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}