The majority owners of Frasers Property Limited (SGX:TQ5) could put the company or some of its assets up for sale as part of a strategic review, The Wall Street Journal (WSJ) reported on Jan. 10, 2024. The review, which is in its initial stages, is part of shareholders' efforts to raise capital to help reduce the debt accumulated over the past few years as a result of acquisitions.

That being said, there is no assurance of any outcome from the review, the report added, quoting people familiar with the matter. Shares of Frasers Property rose 3.5 cents, or 3.8%, to 95 cents on Jan. 11, 2024.