Tycoon Charoen Sirivadhanabhakdi’s Frasers Property To Buyout Hotel REIT In Deal Valued At $970 Million

Frasers Property—controlled by Thai billionaire Charoen Sirivadhanabhakdi—has offered to buy Frasers Hospitality Trust in a deal valuing the Singapore-listed real estate investment trust at S$1.35 billion ($970 million).

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