SUBSCRIBERS

Offer for Raffles United 'not fair and not reasonable': IFA

Add BT as a preferred source

Published Fri, Jul 26, 2019 · 09:50 PM

Singapore

THE general offer to privatise mainboard-listed Raffles United is "not fair and not reasonable", the independent financial adviser (IFA) for the company's independent directors said on Friday.

Raffles United's free float has already fallen below 10 per cent.

Privatisation

TRENDING NOW

An artist's impression of Pelican Paradise Group's township project that was designed to include a five-star convention hotel, an 18-hole championship golf course and a hospital, among others.

Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project

Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

China's President Xi Jinping (right) and US President Donald Trump (centre) visit the Temple of Heaven in Beijing on May 14.

US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude

State-level minimum purchase thresholds push foreign buyers towards higher-value properties, while consent rules and other restrictions further narrow the pool of homes available to them.

That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News