WebNov 15, 2024 · Page 4 of 5 Possible Chain Offer for SPH REIT Under the Cuscaden Scheme, depending on the final proportion of SPH shareholders that elect between the two consideration options, a chain offer ("SPH REIT Chain Offer") for all of the units in SPH REIT may be triggered in compliance with the Take-overs and Mergers Code, WebApr 29, 2024 · The offer for SPH REIT is finally here after Cuscaden, a consortium comprising Mapletree with a 30% stake, Ong Beng Seng’s Hotel Properties Limited with …
Cuscaden offers S$0.9372 per SPH Reit unit, 3.9% below last …
WebMar 23, 2024 · Cuscaden had given two options: (i) an all-cash offer for each SPH shareholder of S$2.36 or (ii) S$2.40/share comprising S$1.602 cash and 0.782 of an SPH REIT unit through a distribution-in-specie by SPH. SPH will proceed to apply to the court to proceed with the Cuscaden scheme on or around April 5. WebAs a new major unitholder of SPH REIT, Cuscaden has to give an offer to the other SPH REIT unitholders as the regulation stipulated. The Offer price of $0.9372 was determined by … can money be detected in the mail
SPH REIT : Mandatory Cash Offer To Acquire All The …
WebMay 19, 2024 · MANDATORY CASH OFFER by MORGAN STANLEY ASIA (SINGAPORE) PTE. (Company Registration No.: 199206298Z) (Incorporated in the Republic of Singapore) ... The cash distribution of S$0.0158 per SPH REIT Unit announced by the SPH REIT Manager on 4 October 2024 and paid on 19 November 2024 “HPL” : Hotel Properties Limited, the holding … WebApr 29, 2024 · the SPH REIT Units (including those SPH REIT Units held by SPH after completion of the DIS) and the Offeror is required to make the Chain Offer. 1.4 Effective … WebOct 31, 2024 · SPH already has a privatisation offer from Keppel Corporation made in August this year. The Keppel Corporation offer made is a combination of cash ($0.668), … fix frozen compressor clutch