Temasek to decide by end-Aug on pre-condition for Keppel offer
Add BT as a preferred sourceSingapore
THE Temasek Holdings unit that last October made a voluntary pre-conditional partial offer for Keppel Corporation will decide by end-August whether to invoke the material adverse change (MAC) pre-condition based on Keppel's second quarter results.
This was conveyed in an announcement over the weekend by Morgan Stanley Asia (Singapore) on behalf of the offeror, Kyanite Investment Holdings, an indirect wholly-owned subsidiary of Temasek.
TRENDING NOW
Singapore banks’ battle for wealth talent goes beyond private bankers
Keep moving, keep learning, live fully: Lessons from actor Tay Ping Hui and a ‘granfluencer’
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
Singtel explores Nasdaq-SGX dual listing for data centre arm Nxera, local data centre Reit
