by Amruth Sundarkumar | Mar 28, 2022 | Singapore Dollar Bonds
SPH launched a tender offer and consent solicitation to buy back its outstanding S$500mn 3.2% 2030s. Under the tender offer, SPH would buy the bonds at S$100.75 per S$100 in principal in cash, with the offer expiration deadline ending April 18. SPH will give an early...
by Amruth Sundarkumar | Mar 23, 2022 | Corporates, Singapore Dollar Bonds
Shareholders of Singapore Press Holdings (SPH) voted in favor of the Cuscaden Peak consortium’s takeover offer, at an EGM. About 89.2% of SPH’s shareholders vote in favor and a majority also voted for the proposed distribution in-specie of SPH REIT units...
by Amruth Sundarkumar | Dec 10, 2021 | Singapore Dollar Bonds
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...
by Amruth Sundarkumar | Jul 13, 2021 | Singapore Dollar Bonds
SPH REIT’s Q3 results saw its Distribution Per Unit (DPU) rise by 11.3% QoQ to 1.38 cents/unit, reaching pre-Covid levels, equal to the first quarter of FY2020. The company saw a recovery in revenues to S$209.6mn ($155mn), up 22.2% YoY helped by improvement across all...
