Privatisation
Reits that don’t trade well should be privatised, or sell assets and be liquidated
After selling One Raffles Place, OUE Reit should be taken private or divest the rest of its properties
Japan’s Taiyo Holdings nears deal to go private via KKR buyout
The per-share takeover bid is likely to be less than the current market price of around 6,000 yen, add sources
Offer for Low Keng Huat closes with 96.88% valid acceptances
The special-purpose vehicle will exercise its right to compulsorily acquire all remaining shares at the offer price of S$0.78 a share
Sen Yue Holdings receives privatisation offer at S$0.008 per share, with cash or shares option
Offer comes amid prolonged trading suspension, regulatory overhang, which adversely affects its access to funding and borrowing capacity
Elliott raises Toyota Industries stake in push to block buyout
The US fund now owns around 7.1% of Toyota Industries
GuocoLand’s rationale for privatising its Malaysian arm not strong
But the proposed move could be the SGX-listed group’s way of priming itself to be privatised in future
Low Keng Huat privatisation imminent as offeror secures over 90% of shares
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price
Singapore’s small and mid-caps: Investors hunt for ‘hidden gems’ as analysts eye privatisation candidates, structural plays
Picks may lie beyond the iEdge Singapore Next 50 Index
Mandarin Oriental to delist from SGX on Jan 20 following privatisation
The company was valued at around US$4.2 billion at the time of the offer
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price
