403 views
Photo by Tara Winstead via Pexels

Frasers Property shareholders back hospitality assets optimisation

The approval gives Frasers full ownership of Fraser Suites Singapore and enables Valley Point redevelopment.

Frasers Property Limited’s shareholders have approved the proposed optimisation of the company’s hospitality assets under Frasers Hospitality Trust.

In a statement, the company said the Ordinary Resolution was approved by 99.07 % of the total number of votes cast by shareholders entitled to vote. The approval enables the Group to move forward with the next phase of its hospitality strategy following the privatisation of Frasers Hospitality Trust in October 2025. 

“The transaction unlocks capital from mature assets, enhances the group’s financial flexibility and gives us full ownership of Fraser Suites Singapore, facilitating the redevelopment of the wider Valley Point site,” said Loo Choo Leong, group CFO of Frasers Property.

The company said it will now work towards implementation of the proposed portfolio optimisation, which includes the receipt of the necessary regulatory and third -party approvals. 

The transaction is expected to complete by the end of fiscal year 2026, subject to satisfaction of the conditions under the Proposed Agreements.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.