• Frasers listing planned
Frasers Centrepoint has revealed plans to list a hospitality REIT in Singapore. The IPO could raise USD292m for Frasers backer, Thai billionaire Charoen Sirivadhanabhakdi, reports Reuters.  

The listing would herald the start of a merger of the investor’s property interests, which include Frasers and the TCC Group. DBS, Morgan Stanley, Standard Chartered and United Overseas Bank are advising. 
Read the full story here:
http://www.reuters.com/article/2014/06/23/frasers-centrepoint-hospitality-trust-idUSL4N0P40SK20140623
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