MBK's bid for sponsor won't hit us: Accordia Golf Trust
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE-LISTED Accordia Golf Trust said on Wednesday that an attempt by a private equity firm to buy out its Tokyo-listed sponsor Accordia Golf Co is not expected to affect the trust's business much, as the "Accordia Golf" brand remains popular and widely recognised in Japan.
Units of the trust held steady on Wednesday, closing unchanged at S$0.67.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result