Frasers Centrepoint Trust (FRZCF) Q3 2026 Earnings Call July 26, 2026 8:00 PM EDT
Company Participants
Judy Tan – Head of Investor Relations of Frasers Centrepoint Asset Management Ltd.
Richard Ng – Chief Executive Officer of Frasers Centrepoint Asset Management Ltd
Shyang Lee Khung – Chief Financial Officer of Frasers Centrepoint Asset Management Ltd
Pauline Lim – Managing Director of Investment & Asset Management of Frasers Centrepoint Asset Management Ltd
Conference Call Participants
Yew Kiang Wong – CLSA Limited, Research Division
Lih Rui Tan – Macquarie Research
Tabitha Foo – DBS Bank Ltd., Research Division
Jian Hua Chang – Morgan Stanley, Research Division
Brandon Lee – Citigroup Inc., Research Division
Wilson W. Ng – Jefferies LLC, Research Division
Presentation
Judy Tan
Head of Investor Relations of Frasers Centrepoint Asset Management Ltd.
Good morning, everyone. Thank you for joining in Frasers Centrepoint Trust 3Q FY ’26 Business Updates Earnings Briefing. I’ve got here with me today the senior management team, Richard, who is our CEO; Annie, who is our CFO; as well as Pauline, our Managing Director for Investment and Asset Management. As you can see from the contents, we’ve got a lot to go through today. So without further ado, I’ll pass it on to Richard.
Richard Ng
Chief Executive Officer of Frasers Centrepoint Asset Management Ltd
Thanks, Judy. Good morning, everybody. So let’s get down to business. For this quarter, we decided to — instead of jumping straight into the business updates, we also included the recent activities that happened around itself. The first one being the divestment of White Sands.
Next slide, please. Okay. Not going to go into every detail here, but just a couple of quick highlights. The property was transacted at $467 million, and the last valuation was done at $431 million. So that kind of gave us a net gain of approximately 32.4%. And this transaction is also at a premium
