In a bid to strengthen its grip on the business, Singapore-based Frasers Property which is owned by Thai billionaire Charoen Sirivadhanabhakdi, has made an offer to acquire Frasers Hospitality Trust (FHT). The acquisition deal is worth US$1.37 billion (about US$1.1 billion) as Frasers Property makes US$0.710 per unit for all shares that it does not currently hold. This is a …
