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Perennial CEO, partners make share offer to take it private

Consortium, which includes Ron Sim, Kuok Khoon Hong, offers S$0.95 cash a share

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Vivienne Tay

Vivienne Tay

Published Sun, Jun 14, 2020 · 09:50 PM

Singapore

PERENNIAL's chief executive Pua Seck Guan is partnering with several other substantial shareholders, including Kuok Khoon Hong and Ron Sim, to take Perennial private.

In a statement released late on Friday night, Perennial announced that an entity called Primero Investment Holdings is offering S$0.95 a share in cash for all the shares of Perennial Real Estate Holdings.

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