SG Realty Dealbook: FCL invests in Golden Land, Roxy-Pacific acquires land in Australia

Visual from Frasers website

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.

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