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According to Iranian media Rouydad24: In the early hours of Monday local time, the air defense system near the Pasteur Center area was activated. This area is the official residence of Irans supreme leader and president.On June 16, WuXi Biologics announced on the Hong Kong Stock Exchange that on June 14, the companys board of directors was informed by one of the companys major shareholders that it had entered into a block transaction agreement with Morgan Stanley International plc, pursuant to which the placing agent has agreed to place 82,940,000 existing shares of the company held by Biologics Holdings (equivalent to approximately 2.04% of the total issued share capital of the company as of the date of this announcement) at a price of HK$26.60 per share to parties independent of and not connected with the company. Note: WuXi Biologics (02269.HK)s latest closing price is HK$28.On June 16, the article stated that protecting the rights of car owners is a must-answer question for the development of the automobile industry. Looking forward to the future of new energy vehicles, technological progress and consumer rights protection will surely move forward in tandem. All parties work together to build a comprehensive and multi-level rights protection network, so that consumers can buy and use cars with peace of mind, which will surely continue to inject confidence and motivation into the high-quality development of the new energy vehicle industry.The UK Rightmove average house asking price index rose 0.8% year-on-year in June, compared with 1.20% in the previous month.The UK Rightmove average house asking price index fell by 0.3% month-on-month in June, compared with 0.60% in the previous period.

Frasers Property of Singapore Will Take Its Hospitality Trust Private

Charlie Brooks

Jun 13, 2022 11:50

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Frasers Property, a Singaporean investment holding company, announced on Monday that it will privatize its subsidiary Frasers Hospitality Trust in a transaction that values the real estate investment trust (REIT) at S$1.35 billion ($970.46 million).


Frasers Property will purchase shares of the REIT, which runs hotels and serviced apartments across Asia, Australia, and Europe, at S$0.70 per share, a premium of 6.1% over their latest closing price.


Frasers Hospitality Trust is smaller than its competitors in a field where scale and size are crucial for liquidity and growth, the company claimed, adding that its size has hindered its ability to reap the benefits of a prolonged listing.


Frasers said that it had struggled to convert its property acquisitions into larger payouts to unitholders.