Singapore, August 01, 2016 -- Moody's Investors Service has assigned a (P)Baa2 rating to the SGD1 billion multi-currency medium term note (MTN) program established by Frasers Commercial Trust (FCOT, Baa2 stable) through FCOT Treasury Pte. Ltd. The program is unconditionally and irrevocably guaranteed by British and Malayan Trustees Limited in its capacity as trustee of FCOT.

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