SG Digest: Eagle Hospitality Trust, Frasers Centrepoint Trust in IPO news

The SGX Centre at Shenton Way. Credit: DEALSTREETASIA

US-focused hospitality asset REIT Eagle Hospitality Trust (EHT) has priced its initial public offering (IPO) at $0.78 per stapled security, below indications. On the other hand, Frasers Centrepoint Trust (FCT)’s latest private placement equity fundraising exercise exceeded expectations, garnering S$369.69 ($268.88 million) in gross proceeds.

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