Frasers Hospitality request for lifting trading halt

Frasers Hospitality request for lifting trading halt

Frasers Hospitality Trust (FHT), a global hotel and serviced residence trust, has requested the lifting of its trading halt, effective from July 15, 2025. The halt was initially imposed due to a proposed privatization of the trust by way of a trust scheme of arrangement.

Frasers Hospitality Trust, listed on the Singapore Exchange since July 14, 2014, manages 14 quality assets primarily located in key gateway cities across Asia, Australia, and Europe. The trust is composed of two entities: Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust.

The proposed privatization, which is scheduled for a scheme meeting on August 15, 2025, involves a voluntary court meeting. The trust has requested a trading halt to facilitate the process and ensure that shareholders are adequately informed about the proposed changes. The halt was initially requested on August 15, 2025, and has been extended to July 15, 2025.

Frasers Hospitality Trust has stated that the request for lifting the trading halt is part of its efforts to maintain transparency and provide shareholders with the necessary information to make informed decisions. The trust has also emphasized that the proposed privatization is a significant step in its long-term strategic plan.

Investors and financial professionals are advised to closely monitor the developments surrounding Frasers Hospitality Trust's proposed privatization and the potential impact on the trust's financial performance and shareholder value.

References:
[1] https://www.frasersproperty.com/reits/fht