Frasers Logistics & Commercial Trust issues 2.0 million new units to pay acquisition fee
SGX Filings
Aug 03
Frasers Logistics & Commercial Trust announced that it has issued 1,998,458 new units to its manager as payment for an acquisition fee of about 1.98 million Singapore dollars following the completion of its purchase of four properties in Germany and the Netherlands.
The new units were priced at 0.9886 Singapore dollars each, based on the volume-weighted average price over the 10 trading days before the issuance on Aug, 3 2026.
After the issuance, the real estate investment trust has 3,808,609,150 units outstanding, of which the manager holds 20,246,590 units, representing approximately 0.53 percent of total units in issue.
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