About Us
Company Milestones
Oct 2016
  • Distribution of 2.4531 cents per Unit was declared for the financial period from 1 July 2016 to 30 September 2016 and the Distribution Reinvestment Plan (DRP) was applied.
Nov 2016
  • Appointment of Mr Jack Lam as Chief Executive Officer (Designate) of the Manager as part of succession planning.
  • 1,520,539 new Units were allotted and issued pursuant to the DRP for the distribution declared for the financial period from 1 July 2016 to 30 September 2016.
  • The inaugural sustainability report of FCOT for FY2015 was an award finalist for Asia’s Best First Time Sustainability Report at the Asia Sustainability Reporting Awards 2016.
Dec 2016
  • Cessation of Mr Low Chee Wah, and appointment of Mr Jack Lam, as Chief Executive Officer of the Manager with effect from 1 January 2017.
Jan 2017
  • The 8th Annual General Meeting was held on 23 January 2017 and all resolutions proposed were duly passed.
  • Distribution of 2.5055 cents per Unit was declared for the financial period from 1 October 2016 to 31 December 2016 and the DRP was applied.
  • Announced the S$45.0 million asset enhancement initiative for Alexandra Technopark.
Feb 2017

 

  • Issuance of S$100.0 million threeyear senior unsecured notes due 2020 with a fixed rate of 2.625% per annum (Series 002 Notes) under the Multicurrency Medium Term Note Programme (MTN Programme). Moody’s Investor Service (Moody’s) assigned a rating of Baa2 for the Series 002 Notes.
  • Appointment of Mr Chang Tou Chen as Non-Executive and Independent Director of the Manager.
Mar 2017
  • 3,246,753 new Units were allotted and issued pursuant to the DRP for the distribution declared for the financial period from 1 October 2016 to 31 December 2016.
  • Partially prepaid S$100.0 million of the S$180.0 million transferable term loan facility maturing in September 2017 with proceeds from the issuance of the Series 002 Notes.\
  • Issuance of S$50.0 million four-year senior unsecured notes due 2021 with a fixed rate of 2.783% per annum(Series 003 Notes) under the MTN Programme. Moody’s assigned a rating of Baa2 for the Series 003 Notes.
  • Partially prepaid S$50.0 million of the five-year transferable term loan facility maturing in FY2019 with proceeds from the issuance of the Series 003 Notes.
Apr 2017
  • FCOT clinched Gold awards for ‘Best Governed and Most Transparent Company’ and ‘Best Corporate Communications and Investor Relations’ at The Global Good Governance Awards 2017TM, held in conjunction with the 9th Annual Global CSR Summit and Awards 2017TM.
  • Distribution of 2.5057 cents per Unit was declared for the financial period from 1 January 2017 to 31 March 2017 and the DRP was applied.
May 2017
  • Issuance of S$80.0 million five-year senior unsecured notes due 2022 with a floating rate comprising of the prevailing 6-month Singapore Dollar swap offer rate with respect to the relevant interest payment date and a spread of 0.88% per annum (Series 004 Notes) under the MTN Programme. Moody’s assigned a rating of Baa2 for the Series 004 Notes.
  • Prepaid the remaining S$80.0 million of the three-year transferable term loan facility maturing in September 2017 with proceeds from the issuance of the Series 004 Notes.
  • Appointment of Ms Yeo Whay Teng, Tricia as Chief Financial Officer (Designate) of the Manager as part of succession planning.
  • 3,095,724 new Units were allotted and issued pursuant to the DRP for the distribution declared for the financial period from 1 January 2017 to 31 March 2017.
Jun 2017
  • Appointment of Mr Chang Tou Chen, a Non-Executive and Independent director, as members of both the Audit, Risk and Compliance Committee and the Nominating and Remuneration Committee of the Manager.
 Jul 2017
  • FCOT clinched the Gold award for ‘Best Annual Report Award’ in the REITs and Business Trusts category at the Singapore Corporate Awards 2017.
  • A distribution of 2.3979 cents per Unit was declared for the period from 1 April 2017 to 30 June 2017 and the DRP was applied.
  • Appointment of Mr Bobby Chin Yoke Choong as Non-Executive and Independent Director, and as members of both the Audit, Risk and Compliance Committee and the Nominating and Remuneration Committee of the Manager.
  • Cessation of Ms Chew Chiu Shan as the Financial Controller of the Manager with effect from 1 August 2017. 
  • Appointment of Ms Yeo Whay Teng, Tricia as the Chief Financial Officer of the Manager with effect from 1 August 2017.
 Aug 2017
  •  2,915,308 new Units were allotted and issued pursuant to the DRP for the distribution declared for the financial period from 1 April 2017 to 30 June 2017.
 Sept 2017  
  • The Manager announced that Hewlett-Packard Enterprise Singapore Pte Ltd would be vacating an aggregate of 178,843 sq ft of space at Alexandra Technopark upon the expiration of relevant leases on 30 September and 30 November in 2017.
  • Moody’s affirmed FCOT’s Baa2 issuer rating and changed outlook from stable to negative.