SPH REIT to remain listed after close of Cuscaden Peak’s chain offer
SPH REIT is set to remain listed as acceptance of Cuscaden Peak’s chain offer for all of its units was limited.
Hotel Properties
Cuscaden Peak likely ‘happy’ with SPH REIT listing: Daiwa
Cuscaden Peak is likely “happy” to keep SPH REIT as a listed entity while collecting REIT-management fees, Daiwa said in a note Thursday.
Cuscaden Peak’s chain offer for SPH REIT turns unconditional
Cuscaden Peak’s offer to acquire all of SPH REIT’s units has become unconditional, as acceptances pushed its holding over the 50% threshold.
SPH REIT unitholders advised to accept Cuscaden Peak offer
The independent financial advisor (IFA) has advised SPH REIT unitholders accept Cuscaden Peak’s offer, according to the circular.
SG briefs: Cuscaden Peak, SPH REIT, Sakae, VCPlus, PEC
Singapore company briefs: VCPlus, Cuscaden Peak, SPH REIT and Hotel Properties, PEC Ltd. and Sakae Holdings.
Cuscaden Peak sets bid price for SPH REIT chain offer
Cuscaden Peak, the consortium which bought SPH, has set the price for its chain offer for all the units of SPH REIT at S$0.9372 a unit.
Cuscaden Peak required to make chain offer for SPH REIT
Cuscaden Peak, the consortium which bought SPH, is required to make a chain offer for all of SPH REIT, according to an SGX filing Thursday.
SG stocks Monday: iFAST, Cuscaden Peak, Keppel, Wee Hur, UOB, Isetan
SG stocks Monday, 25 April 2022: iFAST, Cuscaden Peak, Keppel, Wee Hur, UOB, Dasin Retail Trust, Cromwell European REIT, Isetan and others.
Cuscaden Peak to review SPH’s assets: HPL
Cuscaden Peak’s consortium members will review SPH to evaluate strategic options, including re-organization, consortium member HPL said.
SG briefs: Parkson Retail Asia, FSLT, HG Metal, Hotel Properties
Singapore company briefs: Parkson Retail Asia, First Ship Lease Trust (FSLT), HG Metal Manufacturing and Hotel Properties Ltd.
SPH shareholders’ consideration pick may spur chain offer for SPH REIT
It’s crunch time for SPH shareholders to choose either cash or cash and SPH REIT units as their consideration for Cuscaden Peak’s takeover.
SG stocks Monday: UOB, Keppel Infrastructure Trust, Frasers Hospitality, E-LOG
SG stocks Monday, 11 April 2022: UOB, Keppel Infrastructure Trust, Fraser Hospitality, Hotel Properties, ESR-LOGOS REIT and Parkson Retail.