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Company Milestones

 2016

October

FCT achieved new-high DPU of 11.764 cents for FY, its tenth consecutive year of DPU growth since its listing

September

FCT wins prestigious Transparency Award at the SIAS Investors’ Choice Awards

May

FCT announced the appointment of Independent and Non-Executive Director, Dr Cheong Choong Kong

March

FCT commenced AEI at Northpoint to upgrade the mall for sustainable growth and to facilitate the integration with the upcoming retail component of Northpoint City under construction by Frasers Centrepoint Limited

February

FCT changed its Auditors from Ernst & Young LLP to KPMG LLP

2015

October

FCT achieved new-high DPU of 11.608 cents for FY2015, an increase of 3.8% over the previous year. It was also the ninth consecutive year of DPU growth since FCT’s listing

May

FCT’s Causeway Point was awarded the BCA Universal Design GoldPlus Award for its user-friendliness, connectivity and safety features. Bedok Point was awarded the BCA GreenMark Gold award for its energy efficient, water-saving and recycling features

February

Moody’s changed the outlook of FCT’s Baa1 issuer rating to ‘Positive’ from ‘Stable’

 2014

October

FCT achieved strong performance for FY2014. Full year revenue increased 16.1% year-on-year and DPU rose 2.4% to 11.187 cents. It was also the eighth consecutive year of DPU growth since FCT’s listing

June

FCT completes the acquisition of Changi City Point

May

Unitholders approved the proposed acquisition of Changi City Point at an Extraordinary General Meeting

FCT launched a private placement exercise and raised S$161.5 million in gross proceeds from the placement of 88 million New Units at an Issue Price of S$1.835 per New Unit

April

FCT announced the proposed acquisition of Changi City Point for S$305 million

2013

October 

FCT achieved strong performance for FY2013 with full year DPU of 10.93 cents, an increase of 9.2% over the previous year. It was also the seventh consecutive year of DPU growth since FCT’s listing

August

FCT won the Best Investor Relations Award (Bronze) in the REITS & Business Trust Category at the Singapore Corporate awards 2013 organised by The Business Times

July

Causeway Point was relaunched in conjunction with its 15th anniversary

  2012

December

FCT was awarded the “Grand prix for best overall investor relations - mid/small cap” at the IR Magazine Awards South East Asia 2012

October

FCT achieved a strong finish in FY2012 with multiple-highs in revenue, net property income and DPU. Full year DPU was at record-high of 10.01 cents, an increase of 20%. This is also the sixth consecutive year of DPU growth since FCT’s listing

FCT was ranked in the top quartile among Singapore companies in CLSA’s Corporate Governance survey

June

FCT was voted Best Mid-Cap Company in Singapore by FinanceAsia 

Frasers Centrepoint Asset Management, the Manager for FCT, was a nominee in the Category of Best Asian REIT Manager in the REIW ASIA 2012 Awards

2011

October

FCT achieved record distribution per unit of 8.32 cents for FY2011

September

Unitholders approved the proposed acquisition of Bedok Point at an Extraordinary General Meeting

FCT completed the private placement of 48 million new units at an issue price of S$1.39 per new unit. The placement was 4.1 times oversubscribed and the net proceeds of approximately S$64.3 million was used to part-finance the acquisition of Bedok Point

FCT completed the acquisition of the Bedok Point

July

FCT announced the proposed acquisition of Bedok Point for $127 million

Standard and Poor’s upgraded FCT’s MTN program to “BBB+/ Stable” from “BBB/Stable”

May

Causeway Point awarded the GreenMark Platinum Award by the Building and Construction Authority of Singapore

  2010

October

FCT achieved 9% growth in DPU to 8.20 cents for FY2010

September

FCT was ranked in the top quartile for corporate governance in Asia by CLSA 

July

Causeway Point commenced S$72 million AEI works

March

Northpoint was relaunched after completing the S$39 million AEI. The AEI delivered return on investment of 10.7%

February

FCT completed the acquisitions of Northpoint 2 & YewTee Point

Dr Chew Tuan Chiong succeeded Mr Christopher Tang as the CEO of FCAM

January

FCT announced the acquisitions of Northpoint 2 and YewTee Point for total purchase consideration of S$290.2 million.

Unitholders approved the acquisitions of Northpoint 2 & YewTee Point at an Extraordinary General Meeting FCT completed the private placement exercise of 137.0 million new units at an issue price of S$1.33 per new unit. The net proceeds of approximately S$177.8 million was used to part-finance the acquisitions of Northpoint 2 & YewTee Point

2009

December

Asiamoney Magazine conferred the “Small-Cap Corporate of the Year in Singapore” award on FCT 

October

FCT achieved higher year on year DPU of 7.51 cents for FY2009 

February

Standard & Poor’s Rating services assigned ‘BBB+’ rating on FCT

2008

October

FCT achieved strong results for FY2008 with 9% growth in gross revenue and net property income and 11% increase in DPU to 7.29 cents

May

FCT relaunched Anchorpoint as Singapore’s first outlet mall after completing $13 million AEI. The AEI delivered a return on investment of 14%

January

FCT embarked on S$39 million AEI at Northpoint, to rejuvenate and reconfigure the mall and to integrate with the newly-completed Northpoint 2, to create a single seamless 232,000 square feet mall. The expected return on investment for the AEI was 11%

2007

October

FCT closed its first full year with DPU which was 12% above the forecast provided in its IPO prospectus

May

FCT acquired a 27% stake in Hektar REIT Anchorpoint commenced its AEI works, to reposition the mall as an outlet mall offering a wider range of F&B and retail concepts

  2006

July

Frasers Centrepoint Trust listed on the Mainboard of the Singapore Exchange on 5 July 2006. Initial portfolio comprised Causeway Point, Northpoint and Anchorpoint valued at S$915 million. Unit price at listing was S$1.03 per unit, market capitalization was S$633 million