Thursday, 09 September 2010. 10:14 AM SST -- (2:14 AM GMT)  
Frasers Commercial Trust
Frasers Commercial Trust
Frasers Commercial Trust
Key Milestones Print this page Print this page
August 2008
  • Sale of the Manager of Allco Commercial REIT, Allco (Singapore) Limited and the Allco Finance Group’s 17.7% holding of Allco Commercial REIT to Frasers Centrepoint Limited
  • Appointment of Mr Low Chee Wah as new Chief Executive Officer of the Manager
  • FCOT assigned ‘BB’ long-term corporate credit rating by Standard & Poor’s
July 2008
  • Released financial results for the period 1 April 2008 to 30 June 2008 saw a record distribution per unit at 3.99 cents, up 32.7% against projection
May 2008
  • Net property income for the period 1 January 2008 to 31 March 2008 recorded at S$22.1 million, 62.3% up against projection
March 2008
  • Announced in-principal approval of debt maturity extension of S$550.0 million of debt to 31 December 2009
February 2008
  • Distributable income for the period 1 January 2007 to 31 December 2007 rose to S$47.5 million, up by 109.5% from the corresponding period in 2006
January 2008
  • A combined increase of S$120.8 million (12.0%) over the asset valuations as at 28 December 2007 was recorded for valuations as at 30 June 2007 of China Square Central, 55 Market Street and Central Park
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