This includes if the manager of FCT is not replaced by a substitute manager approved by the Monetary Authority of Singapore; or if Frasers Property Limited ceases to own at least 51% of the shares in the manager.
Assuming an event of such were to occur, the aggregate level of facilities which may be affected is $2.678.2 million.
Units in FCT closed 1 cent lower or 0.439% down at $2.27 on Jan 7.
