WebNov 15, 2024 · The agreement with Cuscaden Peak Pte. provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and … For those of you who are new to this saga, a quick recap: 1. May 2024 – SPH announced a big restructuring, to spin off their media company at a cost of $110 million (you may remember this as the “Umbrage” event) 2. August 2024 – Keppel offers to buyout SPHfor $3.4 billion, or $2.099 per share. This is … See more And this morning, the Rival consortium came back with an improved offer: Under the Cuscaden Scheme, eachSPH shareholder has the option to choose to … See more 3 Key Takeaways from me: 1. Rival Offer is Definitely Superior – Will likely win 2. Did Keppel make a mistake by giving a final offer? 3. What was this all for? See more Keppel’s offer was a mix of Keppel REIT and SPH REIT units. This is not ideal for SPH shareholders because not everyone would want to own Keppel REIT or … See more Which raises the question. Did Keppel make a mistake by saying that their $2.351 offer was final, and will not be increased? The moment they did that, it was open … See more
What
WebAug 2, 2024 · SPH shareholders will receive cash of 66.8 Singapore cents and 0.596 Keppel Reit units from the offeror. They will also receive 0.782 SPH Reit units per share from SPH. The price tag of S$2.099 a piece represents a nearly 40 per cent premium to the last traded price of SPH shares at S$1.50 per share before the strategic review was announced in May. WebIt took five months for Axiata Group to quit its position as M1's largest shareholder and sell its 28.6% stake for $550m (MYR1.65b) in a buyout offer from Keppel Corp and Singapore … sensationail chrome gel powder
Carlyle in talks to buy stake in Manchester United, reports Sky
WebNov 28, 2024 · November 28, 2024. 8. So…. SPH had a monster of a rally last week. It went from $1.05 to $1.25, a massive 20% increase. Quite a few of you have asked for a review … WebAug 2, 2024 · In what has turned out to be an event-loaded year for the diversified firm, Keppel has once again won the favour of analysts, this time with its proposed S$2.24 billion privatisation bid of Singapore Press Holdings (SPH) - sans the... Already a subscriber? Log in Continue reading at S$4.95/month Subscribe to The Business Times to get breaking WebDec 9, 2024 · Its final offer for SPH is S$2.351 per share, consisting of S$0.868 per share in cash, 0.596 of a Keppel Reit unit and 0.782 of an SPH Reit unit. In an extraordinary general … sensatia botanicals lip balm