KepCorp crosses 90% mark for KepLand delisting
It still needs 95.5% for compulsory acquisition; analysts divided on whether KepCorp will extend offer again
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL Corp has crossed the 90 per cent ownership threshold required to delist its real estate subsidiary Keppel Land.
A Singapore Exchange (SGX) filing showed that as at 5pm on Wednesday, Keppel Corp owned, controlled, has acquired or agreed to acquire 90.9 per cent of the total number of issued Keppel Land shares.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
