Frasers Hospitality Trust - Laggard PlayFHT's recovery from March's low stalled since hitting high @ 0.51 on April 17, spending the subsequent 6 weeks retracing nearly 50% down. After trading in a tight range for the past 7 days, it finally broke higher on rather strong volume on Friday. A good sign that it is ready to move again.
I wo
0.050SGD
91.90 MSGD
123.32 MSGD
703.18 M
About FRASERS HOSPITALITY TRUST
Sector
Industry
CEO
Chee Teik Gan
Website
Headquarters
Singapore
Employees (FY)
15
Founded
1998
ISIN
SG1AA5000001
FIGI
BBG006R4WBN3
Frasers Hospitality Trust is a global hotel and serviced residence trust, which engages in property development and real estate investment. It operates as Trustee-Manager for Frasers Hospitality Business Trust. It operates through the Master Leases and Hotel Under Management Contract segments. The Master Leases segment includes the properties leased to tenants and master lessees. The Hotel Under Management Contract segment is managed by a hotel operator to run the hotel operations. The company was founded in 1998 and is headquartered in Singapore.
