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Keppel Corp moves close to 95.5% compulsory acquisition threshold

Final extension of offer to March 31; Keppel Land to continue trading until the extended closing date

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Keppel Corporation's ownership of Keppel Land has hit 93.2 per cent, just 2.3 percentage points shy of the 95.5 per cent compulsory acquisition threshold and for the higher offer price of S$4.60 a share to kick in.

Singapore

KEPPEL Corporation's ownership of Keppel Land has hit 93.2 per cent, just 2.3 percentage points shy of the 95.5 per cent compulsory acquisition threshold and for the higher offer price of S$4.60 a share to kick in.

The level of 93.2 per cent was reached at 5pm on Thursday

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