KepCorp crosses 90% mark for KepLand delisting
It still needs 95.5% for compulsory acquisition; analysts divided on whether KepCorp will extend offer again
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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.
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