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Suntec REIT Faces Cash Offer Amid OCBC Dealings
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Suntec REIT Faces Cash Offer Amid OCBC Dealings

Suntec Real Estate Investment (SG:T82U) has released an update.

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Suntec Real Estate Investment Trust is involved in a notable financial transaction as United Overseas Bank and DBS Bank make a mandatory conditional cash offer for its units on behalf of Aelios Pte. Ltd. In recent dealings, Bank of Singapore, a subsidiary of OCBC, sold over 10,000 units, reflecting OCBC group’s continued involvement in the trust’s activities.

For further insights into SG:T82U stock, check out TipRanks’ Stock Analysis page.

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