SINGAPORE - Shares of Singapore Press Holdings (SPH) and SPH Real Estate Investment Trust (Reit) were heavily traded after both stocks resumed trading on Monday (Nov 1).. Read more at straitstimes.com.
SINGAPORE - A consortium linked to Singapore state investor Temasek Holdings on Friday proposed buying media and real estate company Singapore Press Holdings Ltd (SPH) for about $3.4 billion, seeking to out-bid conglomerate Keppel Corp. The new offer has set the stage for a potential bidding war among investors eyeing SPH's property assets, which include malls, student accommodation and facilities.
SINGAPORE: A consortium of three property developers backed by Singapore state investor Temasek offered to buy media group Singapore Press Holdings for S$3.34 billion (US$2.48 billion) on Friday, seeking to out-bid conglomerate Keppel Corp.