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Wheelock Properties hits 90% delisting threshold

Claudia Chong

Claudia Chong

Published Tue, Oct 2, 2018 · 09:50 PM

Singapore

WHEELOCK Properties (Singapore) is set to bow out from the Singapore Exchange (SGX) after a takeover offer crossed the threshold for delisting by a hair's breadth.

According to a filing with the exchange, as at the close of voluntary unconditional general offer at 5.30pm on Oct 2, parent firm Wheelock and Company's stake in Wheelock Properties (Singapore) amounted to 90.1 per cent.

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