0346 GMT - Frasers Property's return on equity could expand in the medium term, says CGS International's Lock Mun Yee in a note. The Singapore-listed property company appears to be continuing its development and asset recycling activities. This could help the group lower its debt-to-equity ratio and boost its dividend per share in the medium term, according to its management. Frasers' industrial and logistics properties in Thailand could see robust demand, while the residential segment may face headwinds from the soft economic growth, she adds. Active capital recycling, and any improvements in its free float and trading liquidity could be potential re-rating catalysts for the stock, she adds. CGSI reiterates its add rating and target price of S$1.41. Shares are flat at S$1.05. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
December 02, 2025 22:46 ET (03:46 GMT)
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