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The latest update is out from Suntec Real Estate Investment ( (SG:T82U) ).
Suntec Real Estate Investment Trust is involved in a mandatory conditional cash offer made by United Overseas Bank Limited and DBS Bank Ltd. on behalf of Aelios Pte. Ltd. for its units. Oversea-Chinese Banking Corporation Limited (OCBC), acting as a financial adviser, disclosed dealings under the Singapore Code on Takeovers and Mergers, involving the sale of 12,520 units by Bank of Singapore Limited, a subsidiary of OCBC, which now controls approximately 0.77% of the total units in issue. This transaction is part of existing derivative contracts and maintains certain exemptions under the Code, not affecting the concert status of related entities.
More about Suntec Real Estate Investment
YTD Price Performance: -1.38%
Average Trading Volume: 1,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.63B
See more data about T82U stock on TipRanks’ Stock Analysis page.
