Keppel could consider supporting a combination between KORE and Prime US REIT, the company’s Chairman Danny Teoh said Thursday.
Singapore companies announcing executive changes: Singapore Press Holdings, Tianjin Zhong Xin Pharmaceutical and Envictus International.
Singapore companies in focus on Thursday, 23 December 2021: Keppel’s bid for SPH takes blow as waiting period for Cuscaden vote is struck down Allianz…
Keppel’s attempt to take over SPH suffered a setback, with a ruling striking down its condition delaying a vote on Cuscaden’s competing bid.
SG stocks Mon., 13 Dec 2021: SGX, Parkway Life REIT, GEAR, Stamford Tyres, United Global, Reenova, TOTM, Frasers Property, SingPost, SingHaiyi and Prime US REIT.
Cuscaden Peak said the difference in value between its offer for SPH and Keppel’s has actually widened since November.
SG stocks Fri., 10 Dec. 2021: Keppel, SPH, Cuscaden Peak, Sembcorp, UOB, Mapletree Logistics, CICT, Yangzijiang, ValueMax, Civmec, Hiap Seng and others.
Keppel’s shareholders have overwhelmingly approved the company’s bid to take over SPH at an EGM, sending the ball to SPH’s shareholders next.
SG stocks Fri., 2 Dec. 2021: Cuscaden Peak, SPH, CityDev, LMIRT, Sembcorp, FLCT, CapitaLand Investment, Temasek, UOL, AEM, SIA Engineering, MLT and Spackman.
SG stake changes Thursday, 2 Dec. 2021: SPH REIT, ALOG, Venture, UOL and Wee Investments, AEM, Sabana REIT, Quarz, AREIT and Geo Energy.
Cuscaden Peak’s SPH bid has received approval from Australia, marking the final regulatory hurdle for the eleventh-hour offer.
SG stocks Thurs., 2 Dec. 2021: SGX, Olam, DHLT, M1, SPH, OCBC, Mapletree Commercial QT Vascular, IFS Capital, Trendlines, Hatten Land and Addvalue.