Frasers Hospitality Trust Announces Privatisation, Delisting, and Payout to Investors: What You Need to Know
Key Takeaways for Investors
- Frasers Hospitality Trust (FHT) to be Privatised via Trust Scheme
- Scheme Consideration Paid Out to Eligible Securityholders
- FHT to be Delisted from SGX-ST on 6 October 2025
- All Stapled Securities Acquired by Offeror
Full Details of the Privatisation and Delisting
Frasers Property Hospitality Trust Holdings Pte. Ltd. (the Offeror), together with Frasers Hospitality Asset Management Pte. Ltd. and Frasers Hospitality Trust Management Pte. Ltd. (the FHT Managers), have jointly announced the successful privatisation of Frasers Hospitality Trust (FHT). This was executed via a trust scheme of arrangement, with the scheme documentation having been dispatched to all FHT stapled securityholders on 24 July 2025.
Under this scheme, the Offeror acquired all stapled securities of FHT held by public investors (excluding TCC Group Investments Limited and Frasers Property Limited and/or its subsidiaries) in compliance with the Singapore Code on Take-overs and Mergers. The acquisition was approved at the Scheme Meeting on 15 August 2025, with the Court sanctioning the scheme on 3 September 2025. The scheme became effective as of 23 September 2025.
Payment of Scheme Consideration
On 30 September 2025, the Offeror completed the payment of the scheme consideration to all entitled stapled securityholders. In exchange, all stapled securities held by public investors have been acquired by the Offeror. The specific payout terms would be detailed in the scheme documents, but investors should note that this marks the effective end of public trading for FHT units.
Imminent Delisting of FHT
FHT will be delisted and removed from the Official List of SGX-ST effective 9:00 a.m. on 6 October 2025. Investors still holding stapled securities after 30 September 2025 will no longer be able to trade them on the exchange, and FHT will operate as a privately held entity going forward.
Implications for Shareholders
- Liquidity Event: The privatisation means that investors have received cash for their holdings, which could be redeployed elsewhere. No future upside (or downside) from FHT as a listed entity is available.
- Share Value Impact: As the payout has already been effected and FHT will no longer trade, this is a definitive liquidity event. Share price has been replaced by the scheme consideration.
- End of Public Disclosure: Once delisted, FHT will not be subject to SGX disclosure rules, and investors will no longer receive public reporting updates.
- Tax and Administrative Matters: Investors should review their individual tax situations and ensure scheme consideration has been received in their accounts.
Contacts for Investor Queries
For any questions regarding the privatisation, acquisition, or scheme details, investors can contact the Offeror, FHT Managers, or their appointed advisers at the numbers provided in the official announcement.
Investor Action Required
At this stage, no further action is required from public investors except to confirm receipt of the scheme consideration. If you have not received the payout, contact the relevant parties listed in the announcement.
Disclaimer: This article is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Please consult your financial adviser regarding your personal circumstances.
View Frasers HTrust Historical chart here
