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Frasers Centrepoint Trust Confirms White Sands Mall Disposal Talks

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-- Frasers Centrepoint Trust (SGX:J69U) confirmed a report by The Business Times, claiming the company is in discussions to sell the White Sands Mall for over SG$470 million, according to a Monday filing with the Singapore Exchange.

Shares of the trust were up under 1% in Tuesday trading.

The trust's manager said there is no certainty that negotiations will lead to a transaction.

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Frasers Centrepoint Trust Confirms White Sands Mall Disposal Talks | FINWIRES