Frasers L&C Trust Plummets 3.87% Following 13.8% Drop in Distribution Per Unit
Frasers Logistics & Commercial Trust saw its stock price plummet by 3.31% in early trading on Wednesday, following the release of its first-half financial results. The significant drop comes as the trust's manager reported a substantial decline in its distribution per unit for the period ended March 31, 2025.According to the financial report, FLCT's DPU fell by 13.8% to S$0.03, down from S$0.0348 in the corresponding period last year. The trust's manager attributed this decline to two primary