Mall from its parent for Q2 next year, said Chew Tuan Chiong, chief executive of FCT.In January, Fraser Centrepoint FCT paid approximately $ 290 million to two centers, the point at Choa Chu Kang YewTee and an extension of North Point in Yishun by issuing new units and take on more debt, and Dr Chew said that the acquisition of is likely to be financed in the same way.We are also very interested in increasing the liquidity of the shares, as FCT is fairly well held, “he said.
According to business daily, , which is now 99 percent leased, could cost between $ 120 million and $ 140 million, but the final price has not been corrected. At present, it is waiting to receive their temporary occupancy permit TOP Meanwhile, FCT has also announced that its distribution unit in Q4 DPU rose 6 percent, to 2.16 cents, while the total distribution participants increased 29 percent to $ 16.5 million from $ 12.8 million in the last year.
FCT Q4 revenues was driven by accretive acquisitions and the extension point YewTee Northpoint Northpoint 2 and the successful renovation of the oldest in North Point. During the year, FCT also began remodeling the Causeway Point, which will cost approximately $ 72 million. Property income is targeted to increase by 20 percent after the renovation.
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