SINGAPORE (Nov 1): Cuscaden Peak, which intends bid for Singapore Press Holdings, has confirmed the minimum chain offer price for SPH REIT, if and when it formally makes the offer, to be 96.4 Singaporean cents.
SPH owns 66.27% of separately-listed SPH REIT and such "chain offers" are required under rules of the SIC.
Cuscaden Peak is a consortium comprising...(click on link for full story on theedgesingapore.com)