Fraser CentrePoint Trust to Acquire Changi City Point

Finally, FCT will acquire Changi City Point for S$305 Million

Seems like this is gonna happen sooner or later anyway.

FCT is considering to finance this acquisition through debt and equity financing. Undertaking private placement :( to finance part of it. The remaining may be through loans.

"So as to ensure that the acquisition will provide overall DPU accretion to unitholders while maintaining an optimum level of gearing" - quoted 

Here are the links:

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=HZZ0S30BZRMDVZWR&fileId=Press%20Release%20(Acquisition%20of%20Changi%20City%20Point).pdf

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=HZZ0S30BZRMDVZWR&fileId=FCT%20-%20Proposed%20Acquisition%20of%20Changi%20City%20Point%20(8%20April%202014).pdf

Cheers!

Little Boy