Frasers Commercial Trust requests trading halt of units

Singapore Exchange’s Mainboard-listed Frasers Commercial Trust has asked for a trading halt of its units pending an announcement. No further details were given.

Back in April, Frasers Commercial Trust had said it was exploring ways to refinance its existing debt, which may include a rights issue.

Frasers Centrepoint, which sponsored the trust, is a unit of the Fraser & Neave (F&N) group. F&N shares have also been suspended pending an announcement.

Source : Channel NewsAsia – 30 Jun 2009

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