Suntec Real Estate Investment ( (SG:T82U) ) has shared an update.
Aelios Pte. Ltd., with the support of United Overseas Bank Limited and DBS Bank Ltd., has announced a revision in its offer price to acquire all outstanding units of Suntec Real Estate Investment Trust, raising it to S$1.19 per unit. This revision reflects a strategic move in the company’s acquisition plans, potentially impacting stakeholders and suggesting a reassessment of market value for Suntec REIT’s units.
More about Suntec Real Estate Investment
Suntec Real Estate Investment Trust is a real estate investment trust established in 2004, operating under the laws of the Republic of Singapore. It focuses on investing in a diversified portfolio of income-producing real estate properties.
YTD Price Performance: 3.79%
Average Trading Volume: 1,145
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.65B
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