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SPH shareholders vote in favour of Cuscaden takeover offer

Overwhelming majority also vote 'yes' to the proposed distribution-in-specie of SPH Reit units

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Claudia Tan HS

Published Tue, Mar 22, 2022 · 09:50 PM
    The SPH journey

    Singapore

    SHAREHOLDERS of Singapore Press Holdings (SPH) have voted in favour of the takeover offer from consortium Cuscaden Peak.

    At a virtual meeting on Tuesday (Mar 22), 89.19 per cent of shareholders present and voting by proxy representing 96.55 per cent of the share value gave the green light for the Cuscaden scheme.

    SPHHotel Properties Ltd

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