Far East Orchard buys Far East Hospitality Trust manager stake for S$28.3 million, takes control to 75%
Bitget2026/10/08 09:36Far East Orchard agreed to buy a 42% stake in the managers of Far East Hospitality Trust for S$28.3 million. This increases Far East Orchard’s holding to 75% and gives it supermajority control. Completion is targeted for end-2026. The deal values the managers at 13.8x FY2025 adjusted NPAT. On an adjusted NPAT basis for the LTM ended Aug. 31, 2026, the valuation rises to 14.6x. The acquisition is positioned to lift recurring fee income from REIT management, supporting dividend growth. Far East Orchard expects the transaction to be earnings accretive, citing 3.7% pro forma EPS accretion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Far East Orchard Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 2OEVRXJLQVWUWRFB) on October 08, 2026, and is solely responsible for the information contained therein.
- Far East Orchard agreed to buy a 42% stake in the managers of Far East Hospitality Trust for S$28.3 million.
- This increases Far East Orchard’s holding to 75% and gives it supermajority control.
- Completion is targeted for end-2026.
- The deal values the managers at 13.8x FY2025 adjusted NPAT.
- On an adjusted NPAT basis for the LTM ended Aug. 31, 2026, the valuation rises to 14.6x.
- The acquisition is positioned to lift recurring fee income from REIT management, supporting dividend growth.
- Far East Orchard expects the transaction to be earnings accretive, citing 3.7% pro forma EPS accretion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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