Keppel Shareholders Vote in Favor of SPH Acquisition
Keppel Corp. shareholders unanimously voted in favor of its proposed acquisition of Singapore Press Holdings (SPH) at the former’s EGM on Thursday. 98.22% representing 380.9mn shares voted in favor of the deal that Keppel says is a “win-win” for both...
Keppel Ups Offer to Take SPH Private By 12%
Keppel Corp has sweetened its offer to take Singapore Press Holdings (SPH) private with a final offer of S$2.351 per share that includes cash of S$0.868 per share, an increase of S$0.20 per share. Besides cash, SPH shareholders will receive 0.596 Keppel REIT units...
ESR REIT, Mapletree Industrial Trust & Keppel REIT Report Results
ESR REIT reported a 1.7% YoY increase in distribution per unit (DPU) to S$0.00712 for Q3 on the back of a 7.2% YoY increase in gross revenues to S$61.1mn and an 8.6% rise in net property income (NPI) to S$43.9mn. The manager attributed the growth to the acquisition of...
