Asset Acquisitions and Disposals::Frasers Property awarded collective sale tender for leasehold rear plot of The Centrepoint

Issuer & Securities

Issuer/ Manager
FRASERS PROPERTY LIMITED
Securities
FRASERS PROPERTY LIMITED - SG2G52000004 - TQ5
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
27-Feb-2026 07:32:53
Status
New
Announcement Sub Title
Frasers Property awarded collective sale tender for leasehold rear plot of The Centrepoint
Announcement Reference
SG260227OTHRF6HM
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see attached press release on Frasers Property being awarded the collective sale tender for the leasehold rear plot of The Centrepoint.

The tender price took into consideration, among other things, the greater flexibility which the acquisition can bring in unlocking the long-term potential of the site. A tender fee of S$1,000,000 has been paid to the vendors and the balance tender price shall be paid in instalments upon the occurrence of certain milestones until completion of the proposed acquisition. The acquisition is in the ordinary course of business.

The Company will make the appropriate announcement on SGXNET in the event there is any material development which warrants disclosure, in compliance with its obligations under the Listing Manual of Singapore Exchange Securities Trading Limited.

Attachments

FPL Announcement.pdf
Total size =144K