Frasers Centrepoint Asset Management (Commercial) Ltd., as the manager of Frasers Commercial Trust (FCOT), announced that British and Malayan Trustees Limited (in its capacity as trustee of FCOT), has incorporated Frasers Commercial (UK) Sub. 1 Pte. Ltd. as a direct wholly owned subsidiary of FCOT in Singapore, with an initial issued and paid up share capital of SGD 2 for investment holding purposes.