Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Thai Billionaire’s Family Buys $800 Million Assets From Frasers
Politics

Thai Billionaire’s Family Buys $800 Million Assets From Frasers

Thai Billionaire’s Family Buys $800 Million Assets From Frasers
Bloomberg Markets Thursday 25 June 2026, 06:18 UTC By Dexter Low 1 min read
Key Points

Thai Billionaire’s Family Buys $800 Million Assets From Frasers An investment firm owned by the five children of Thailand’s second-wealthiest person, Charoen Sirivadhanabhakdi, will buy hospitality assets worth S$1.1 billion ($848 million) from the developer their family controls. Singapore-listed Frasers Property Ltd. said in exchange filings Thursday that the sale of its 63% stake in the five properties, which includes hotels in Singapore and Japan, will be conducted as part of a broader...

Thai Billionaire’s Family Buys $800 Million Assets From Frasers An investment firm owned by the five children of Thailand’s second-wealthiest person, Charoen Sirivadhanabhakdi, will buy hospitality assets worth S$1.1 billion ($848 million) from the developer their family controls. Singapore-listed Frasers Property Ltd. said in exchange filings Thursday that the sale of its 63% stake in the five properties, which includes hotels in Singapore and Japan, will be conducted as part of a broader “optimization” of a S$2.1 billion portfolio inherited from its privatization last year of real estate investment trust Frasers Hospitality Trust.
Thai (ORG) Family Buys (ORG) Frasers Thai Billionaire’s (ORG) Thailand (LOCATION) Charoen Sirivadhanabhakdi (PERSON) Singapore (LOCATION) Frasers Property Ltd. (ORG) Japan (LOCATION) Frasers Hospitality Trust (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Engines and Elevators Lift German Deals Past $120 Billion

Deals Engines and Elevators Lift German Deals Past $120 Billion Germany’s dealmakers are seeing some of their long-wished-for transactions come to fruition, driving the country to one of its busiest years for mergers and acquisitions in decades. The latest big deal to be announced is Volkswagen AG’s sale of a stake in its large marine engine unit, Everllence, to Bain Capital, a transaction that will generate proceeds of about €7.4 billion ($8.4 billion) for the automaker. Everllence has long...

Bloomberg Markets 22m ago

Donald Trump gives bizarre speech about how great he is at 250th Anniversary celebration

Donald Trump gives bizarre speech about how great he is at 250th Anniversary celebration Donald Trump last night launched America's 250th anniversary celebrations with an event so brazenly partisan that Kash Patel's girlfriend sang the national anthem Donald Trump last night launched America's 250th anniversary celebrations with an event so brazenly partisan that Kash Patel's girlfriend sang the national anthem. Oh, don't get me wrong. It was the most extravagant, blockbuster-and presumably...

Daily Mirror 23m ago

Trump takes victory lap after Senate GOP caves on Iran resolution

Trump takes victory lap after Senate GOP caves on Iran resolution Senate Republicans who were berated by President Donald Trump over opposition to his war in Iran held a late-night vote Wednesday to try to appease him, rejecting a war powers resolution a day after a similar measure passed - Bookmark - CommentsGo to comments Senate Republicans dramatically reversed course Wednesday night, blocking a war powers resolution over the conflict in Iran — just one day after a similar measure passed...

The Independent World 25m ago

Ex-AFL umpire to stand trial over alleged Brownlow fraud

Ex-AFL umpire Michael Pell, accused of leaking information on confidential Brownlow votes as part of a $300,000 betting scheme, has been ordered to stand trial. The alleged betting fraud is related to the 2021 and 2022 Brownlow counts. The matter will return to court on July 24.

ABC Australia 28m ago