SGX Observer

SPH To Collaborate with Keppel And Get More M1 For Free?

Publish date: Thu, 27 Sep 2018, 05:08 PM
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An Outsider's View on SGX Listed Companies

SPH announced on 27-Sep (link): SPH has undertaken to roll-over its existing 13.45% stake in M1 into the Offeror, and is envisaged to invest up to approximately S$51.3 million in cash in the Offeror to partially fund the Offer. Upon the close of the Offer, SPH's effective stake in M1 may increase up to 16.13%. […]

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