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CORPORATE bosses could always count on Singapore’s culture of obedience to herd small investors into lowball mergers or take-private deals. No longer.
By Anshuman Daga SINGAPORE (Reuters) - Activist investor Quarz Capital Management said it is opposed to the terms of a proposed S$4.2 billion ($3.1 billion) merger of two Temasek-linked Singapore real estate investment trusts, saying the target firm was significantly undervalued.
Activist investor Quarz
Capital Management said it is opposed to the terms of a proposed
S$4.2 billion merger of two Temasek-linked
Singapore real estate investment trusts, saying the target firm
was. | February 11, 2022