Singaporean property major Frasers Centrepoint (FCL) is investing in Thai-listed Golden Land Property Development Public Company while Roxy-Pacific plans to acquire Australian land.
FCL invests in Golden Land
Singaporean property major Frasers Centrepoint (FCL) is investing in Thai-listed Golden Land Property Development Public Company through the subscription of new shares, in a consideration valued at S$196 million (US$137.9 million). The subscription price is valued at approximately S$0.29 per share.