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Wheelock offer still far from target; offeror extends deadline to Sept 21

Published Fri, Sep 7, 2018 · 09:50 PM
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Singapore

THE offer by Hong Kong-listed parent Wheelock and Company to buy out minority shareholders' stakes in Singapore-listed Wheelock Properties has been extended to 5.30 pm on Sept 21.

The offer extension was announced on Friday evening, ahead of the original 5.30 pm offer acceptance deadline.

So far, only 1.4 per cent of Wheelock's shareholder base have tendered their shares for ca…

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