WebJun 7, 2024 · Lifetime MembershipWhen SPH shareholders approved the acquisition by Cuscaden Peak on 22 March 2024, the writing was on the wall that SPH REIT would be the next to be acquired. Indeed, the consortium subsequently announced the chain offer of SPH REIT at $0.9640 per unit on 29 April 2024. Should unitholders accept, reject or run for their … WebApr 29, 2024 · The offer price for each Offer Unit for the Chain Offer on an ex-1QFY2024 Distribution and ex-2QFY2024 Distribution basis will be as follows: S$ per SPH REIT Unit Minimum Chain Offer Price 0.9640 Adjustment for 1QFY2024 Distribution (0.0124) Adjustment for 2QFY2024 Distribution (0.0144) Offer Price 0.9372
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WebJune 3, 2024 – Cuscaden Peak’s mandatory cash offer to acquire all units of SPH real estate investment trust (Reit) has turned unconditional in all respects, according to a bourse filing on Thursday, according to a report from The Straits Times. WebJan 3, 2024 · SPH REIT ( SGX:SK6U) SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2024-01-03. SGD 0 0 / 0 % Share Price as of: - Market / ISIN Code: SGX Mainboard / SG2G02994595 Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs General Share Price treston ward on 3 sports
4 Things To Know About Cuscaden Peak Rival Offer For SPH …
WebOct 31, 2024 · Completion of the transaction would result in Cuscaden incurring an obligation to undertake a chain offer for all the units in SPH REIT, the consortium said in a … WebApr 29, 2024 · If more SPH shareholders choose to take all cash, then Cuscaden Peak will be left with more SPH REIT units. Depending on how many SPH REIT units they end up, they might have to make a mandatory general offer under the rules. Their offer price for SPH REIT units is $0.964 - already fixed. WebAug 2, 2024 · The offer to existing SPH shareholders is in the form of cash, SPH REIT, and Keppel REIT. 1) Cash of S$0.668 per share. 2) 0.596 Keppel REIT units valued at S$0.715 per share. 3) 0.782 SPH REIT units valued at S$0.716 per share from a distribution in-specie by SPH. What this means is that SPH, which owns about 65% of SPH REIT, will transfer ... tenchi gaming chair