In brief

KepCorp's stake in KepLand up

KEPPEL Corp's shareholding in Keppel Land had inched up 0.5 percentage point to 93.9 per cent by 5pm on Monday. This is still 1.6 percentage points short of the 95.5 per cent compulsory acquisition threshold for the higher offer price of S$4.60 per share to kick in. The final closing deadline of the offer is 5.30pm on March 31.

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