Thai tycoon to raise close to $300 mln in Singapore hospitality trust IPO
A trust housing Thai billionaire Charoen Sirivadhanabhakdi's hotels and hospitality assets plans to raise nearly $300 million in a Singapore listing cementing the bourse's status as a home for investments bearing steady yields rather than the hot growth stocks popular in Hong Kong. The listing of Frasers Hospitality Trust (FHT)…
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