68 Holdings' offer for Hotel Properties declared unconditional

Singapore

ONG Beng Seng and Wheelock Singapore's offer for Hotel Properties Limited (HPL) was declared unconditional in all respects yesterday, as the consortium and partners crossed the 50 per cent mark of HPL's maximum potential issued share capital.

The closing date of the offer has also been extended by two weeks, until 5.30pm on June 26, with no intention to extend it further.