FHT “not aware” of reasons for 40% stapled securities price surge

The managers said that they remain in compliance with SGX-ST’s Listing Rules.

The managers of Frasers Hospitality Trust (FHT) stated that they are "not aware" of the specific reasons or basis for the nearly 40% surge in the price of its stapled securities over the past month.

FHT comprises Frasers Hospitality Real Estate Investment Trust (FH-REIT) and Frasers Hospitality Business Trust (FH-BT).

In a bourse filing, the managers confirmed that they remain in compliance with the Listing Rules of the Singapore Exchange Securities Trading Limited (SGX-ST), specifically Mainboard Rule 703, which pertains to the disclosure of material information.

The managers also noted that they will make appropriate announcements in due course should there be any material developments warranting disclosure.

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Frasers Hospitality

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