Stock information

S$2.750

Last done
(as of 16 Oct 2019 17:14)

1,435.8

Volume(`000)

-S$0.010 (-0.4%)

Change

Frasers Centrepoint Trust (J69U)

Updated:16 Oct 2019 17:14
SGX symbol: J69U
Last done: S$2.750
Change -S$0.010
Day's range: S$2.750 - S$2.780
Currency: SGD
Volume(`000): 1,435.8
% change -0.4%
52 Weeks' Range: S$2.118 - S$2.870
Chart Type
News On Chart

Frasers Centrepoint Trust is publicly listed on the mainboard of the Singapore Exchange Securities Trading Limited ("SGX-ST") on 5 July 2006. The ISIN Code is SG1T60930966.

Ticker Name Ticker Code
Bloomberg ticker FCT SP
Reuters ticker J69U.SI
SingID J69U
Issued and Fully Paid-up Units

There were 1,116,284,043 Units (voting rights: one vote per Unit) outstanding as at 25 September 2019.
There is only one class of Units.
The market capitalisation was S$3.06 billion based on closing unit price of S$2.74 on 30 September 2019.

Top twenty unitholders

As shown in the Register of Unitholders at 23 November 2018

Unitholders Number of Units % of Total Units in Issue
1. Frasers Property Retail Trust Holdings Pte Ltd 349,671,000 37.69
2. Citibank Nominees Singapore Pte. Ltd. 127,464,728 13.74
3. DBS Nominees (Private) Limited 92,996,200 10.02
4. HSBC (Singapore) Nominees Pte Ltd 92,223,939 9.94
5. DBSN Services Pte. Ltd. 53,503,256 5.77
6. Frasers Centrepoint Asset Management Ltd 40,024,434 4.31
7. Raffles Nominees (Pte) Limited 39,780,010 4.29
8. NTUC Fairprice Co-operative Ltd. 7,695,000 0.83
9. BPSS Nominees Singapore (Pte.) Ltd. 5,904,049 0.64
10. CGS-CIMB Securities (Singapore) Pte. Ltd. 5,521,461 0.60
11. United Overseas Bank Nominees (Private) Limited 3,761,500 0.41
12. DB Nominees (Singapore) Pte. Ltd. 3,464,215 0.37
13. Morgan Stanley Asia (Singapore) Securities Pte Ltd 2,457,427 0.26
14. Maybank Kim Eng Securities Pte. Ltd. 2,432,393 0.26
15. Yap Chong Hin Gabriel 2,120,000 0.23
16. BNP Paribas Nominees Singapore Pte Ltd 1,966,700 0.21
17. OCBC Nominees Singapore Private Limited 1,966,500 0.21
18. Chan Wai Kheong 1,924,000 0.21
19. Phillip Securities Pte Ltd 1,480,110 0.16
20. Ng Say Ban 1,450,000 0.16
Total 837,806,922 90.31

Unitholdings Of Directors Of The Manager

As at 22 October 2018

Name of Director Number of FCT Units held
Direct Interest Deemed Interest
Mr Christopher Tang Kok Kai 50,000 620,000
Dr Cheong Choong Kong 140,300 -

Substantial unitholders

As shown in the Register of Unitholders at 23 November 2018

<
Substantial Unitholders Direct Interest Deemed Interest Total
Number of units % Number of units % Number of units %
Frasers Property Retail Trust Holdings Pte. Ltd. 349,671,000 37.79% - - 349,671,000 37.79%
Frasers Centrepoint Limited(1) - - 389,695,434 42.01% 389,695,434 42.01%
Thai Beverage Public Company Limited(2) - -389,695,434 42.01% 389,695,434 42.01%
International Beverage Holdings Limited(3) - - 389,695,434 42.01% 389,695,434 42.01%
InterBev Investment Limited(4) - - 389,695,434 42.01% 389,695,434 42.01%
Siriwana Company Limited(5) - - 389,695,434 42.01% 389,695,434 42.01%
Maxtop Management Corp.(6) - - 389,695,434 42.01% 389,695,434 42.01%
Risen Mark Enterprise Ltd.(7) - - 389,695,434 42.01% 389,695,434 42.01%
Golden Capital (Singapore) Limited(8) - - 389,695,434 42.01% 389,695,434 42.01%
MM Group Limited(9) - - 389,695,434 42.01% 389,695,434 42.01%
TCC Assets Limited(10) - - 389,695,434 42.01% 389,695,434 42.01%
Charoen Sirivadhanabhakdi(11) - - 389,695,434 42.01% 389,695,434 42.01%
Khunying Wanna Sirivadhanabhakdi(12) - - 389,695,434 42.01% 389,695,434 42.01%
  1. (1) Frasers Property Limited ("FPL") holds a 100% direct interest in each of Frasers Centrepoint Asset Management Ltd ("FCAM") and Frasers Property Retail Trust Holdings Pte. Ltd. ("FPRT"); and FCAM and FPRT hold units in FCT. FPL therefore has a deemed interest in the units in FCT in which each of FCAM and FPRT has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).

  2. (2) Thai Beverage Public Company Limited ("ThaiBev") holds a 100% direct interest in International Beverage Holdings Limited ("IBHL");

    – IBHL holds a 100% direct interest in InterBev investment Limited ("IBIL");

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    ThaiBev therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  3. (3) IBHL holds a 100% direct interest in InterBev Investment Limited;

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    IBHL therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  4. (4) IBIL holds a greater than 20% interest in FPL;

    – FCL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    IBIL therefore has a deemed interest in the units in FCT in which FCL has an interest, by virtue of section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  5. (5) Siriwana Company Limited ("SCL") holds a greater than 20% interest in ThaiBev;

    – ThaiBev holds a 100% direct interest in IBHL;

    – IBHL holds a 100% direct interest in IBIL;

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    SCL therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore)


  6. (6) Maxtop Management Corp. ("MMC") together with Risen Mark Enterprise Ltd. ("RM") and Golden Capital (Singapore) Limited ("GC") collectively holds a greater than 20% interest in ThaiBev;

    – ThaiBev holds a 100% direct interest in IBHL;

    – IBHL holds a 100% direct interest in IBIL;

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    MMC therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  7. (7) RM together with MMC and GC collectively holds a greater than 20% interest in ThaiBev;

    – ThaiBev holds a 100% direct interest in IBHL;

    – IBHL holds a 100% direct interest in IBIL;

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    RM therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  8. (8) GC together with MMC and RM collectively holds a greater than 20% interest in ThaiBev;

    – ThaiBev holds a 100% direct interest in IBHL;

    – IBHL holds a 100% direct interest in IBIL;

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    GC therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  9. (9) MM Group Limited ("MM") holds a 100% direct interest in each of MMC, RM and GC;

    – MMC, RM and GC collectively holds a greater than 20% interest in ThaiBev;

    – ThaiBev holds a 100% direct interest in IBHL;

    – IBHL holds a 100% direct interest in IBIL;

    – IBIL holds a greater than 20% interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FCLT hold units in FCT.

    MM therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  10. (10) TCC Assets Limited ("TCCA") holds a majority interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    TCCA therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  11. (11) Charoen Sirivadhanabhakdi and his spouse, Khunying Wanna Sirivadhanabhakdi, each owns 50% of the issued and paid-up share capital of TCCA;

    – TCCA holds a majority interest in FPL;

    – FPL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    Charoen Sirivadhanabhakdi therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


  12. (12) Khunying Wanna Sirivadhanabhakdi and her spouse, Charoen Sirivadhanabhakdi, each owns 50% of the issued and paid-up share capital of TCCA;

    – TCCA holds a majority interest in FPL;

    – FCL holds a 100% direct interest in each of FCAM and FPLT; and

    – FCAM and FPLT hold units in FCT.

    Khunying Wanna Sirivadhanabhakdi therefore has a deemed interest in the units in FCT in which FPL has an interest, by virtue of Section 4 of the Securities and Futures Act (Chapter 289 of Singapore).


Distribution of holdings

Size of Holdings Number of Unitholders % Number of Units %
1 – 999 16 0.23 190 0.00
100 – 1,000 930 13.33 783,876 0.09
1,001 – 10,000 4,583 65.69 22,271,774 2.40
10,001 – 1,000,000 1,425 20.42 63,204,272 6.81
1,000,001 and above 23 0.33 841,394,322 90.70
Total 6,977 100.00 927,654,434 100.00

Location of unitholders

Size of Holdings Number of Unitholders % Number of Units %
Singapore 6,667 95.56 923,107,831 99.51
Malaysia 213 3.05 3,533,800 0.38
Others 97 1.39 1,012,803 0.11
Total 6,977 100.00 927,654,434 100.00

FREE FLOAT

Based on information made available to the Manager as at 23 November 2018, approximately 58% of the Units are held in the hands of the public. Rule 723 of the Listing Manual of the Singapore Exchange Securities Trading Limited has accordingly been complied with.

As at 31 July 2019, there are 20 research houses that provide equity research coverage on FCT.

This list is subject to change as firms add or terminate coverage on FCT. Please note that any opinions, estimates, or forecasts regarding FCT's financial performance made by the analysts at these firms are theirs alone, and do not represent opinions, forecasts, or predictions of FCT and/or its Manager, Frasers Centrepoint Asset Management Ltd (FCAM).

Interested persons may obtain copies of analyst reports on their own. FCT or FCAM do not distribute these reports.

Name Analysts Email
BNP Paribas Lee Wee Liat Weeliat.lee@asia.bnpparibas.com
Bank of America-Merrill Lynch Donald Chua donald.chua@baml.com
CGS-CIMB Eing Kar Mei karmei.eing@cgs-cimb.com
Citi Investment Research Brandon Lee brandon2.lee@citi.com
CLSA Asia-Pacific Markets Tan Xuan xuan.tan@clsa.com
Credit Suisse Nicholas Teh nicholas.teh@credit-suisse.com
Daiwa Capital Markets David Lum david.lum@sg.daiwacm.com
DBS Carmen Tay carmentay@dbs.com
HSBC Pratik Ray pratikray@hsbc.com.sg
JP Morgan Terence Khi terence.ml.khi@jpmchase.com
KGI Geraldine Wong Geraldine.wong@kgi.com
Macquarie Derrick Heng derrick.heng@macquarie.com
Maybank Kim Eng Chua Su Tye chuasutye@maybank-ke.com.sg
Mizuho Yosuke Ohata yosuke.ohata@mizuho-sc.com
OCBC Investment Research Andy Wong andywong@ocbc-research.com
Phillip Securities Research Natalie Ong natalieongpf@phillip.com.sg
RHB Vijay Natarajan vijay.natarajan@rhbgroup.com
SooChow CSSD Capital Markets (Asia) YiYuan Zhao yiyuan.zhao@sccmasia.com
UBS Michael Lim michael-h.lim@ubs.com
UOB Kay Hian Research Jonathan Koh jonathankoh@uobkayhian.com

For substantial unitholders

Substantial unitholders will be required to inform both the Manager and Trustee instead of to SGX directly (using Form 3 and Form C attached below). Please refer to the letter from MAS dated 8 October 2012 setting out the amended legal provisions of the SFA as they apply to substantial unitholders of real estate investment trusts ("REITs") and the process for filing such notifications.

Substantial unitholders are encouraged to use the electronic forms (Form 3 and Form C), which may be found on the MAS website at http://www.mas.gov.sg/Regulations-and-Financial-Stability/Regulations-Guidance-and-Licensing/Securities-Futures-and-Funds-Management/Disclosure-of-Interests/Disclosure-of-Interests-Forms-Version-2.aspx, and submit the completed Form 3 and Form C.

- by way of email to Frasers Centrepoint Asset Management (Commercial) Ltd, manager of Frasers Commercial Trust, at email address notifications@frasersproperty.com; and

- by way of email to HSBC Institutional Trust Services (Singapore) Limited, trustee of Frasers Centrepoint Trust, at email address reits.cs@hsbc.com.sg.

Alternatively, you may use non-electronic forms (Form 3 and Form C) in your submissions. With respect to non-electronic forms, please submit the relevant forms by facsimile to (i) Frasers Centrepoint Asset Management Ltd, manager of Frasers Centrepoint Trust, at facsimile no. (65) 6276 6328

Please take note of the following when completing and submitting the forms:

When completing Form C, Part I – Details of Person(s) giving notice:

  • - Under Item 2(a)(i), provide the name of the Reporting Person (and not that of his authorised representative or relevant contact person). In other words, if the Reporting Person is a substantial shareholder which is an entity, the name of such entity should be provided. The name of the person giving notice provided in Form C must be an exact match to the name set out in the relevant Form 1, 3, 5 or 6. If more than one person is giving notice in the Form 1, 3, 5 or 6, the names of all persons giving notice must be set out in Form C.

When completing Part I – General of the relevant Form 1, 3, 5 or 6:

  • - Indicate only the name in the field "Name of Director/CEO" or "Name of Substantial Shareholder/Unitholder", as the case may be. Do not include any salutation (e.g. Ms, Mr, Mdm etc), or any additional symbol, abbreviation etc.
  • - Always use a new electronic form to give notice. Do not re-use an electronic form which had been previously announced on SGXNet. You could instead export data from the old form and import them into the new form such that the same information will be set out in the new form. Please refer to A1 of Section D of the FAQs published on the MAS' website for more information.

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