Keppel Corp launches voluntary cash offer for rest of Keppel Land
Published Fri, Jan 23, 2015 · 05:43 AM
Latest updates: Keppel Corp launches bid for rest of Keppel Land; KepCorp, KepLand to resume trading on Monday: KepCorp CEO
Keppel Corp has launched a voluntary cash offer for the rest of Keppel Land. The base price is S$4.38 a share to S$4.60.
Keppel Corp and Keppel Land halted trading of their shares on Wednesday, pending an announcement, a day after Keppel Land shot to a one-year high of S$3.65 on Tuesday. Both companies also postponed their scheduled results briefings for analysts and media.
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