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Suntec REIT’s Cash Offer Sparks Interest in Stock Market
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Suntec REIT’s Cash Offer Sparks Interest in Stock Market

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

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Suntec Real Estate Investment Trust is involved in a mandatory conditional cash offer facilitated by United Overseas Bank and DBS Bank on behalf of Aelios Pte. Ltd. OCBC Bank, acting as a financial adviser, disclosed a recent acquisition of 68,000 units at S$1.1824 per unit, increasing the OCBC group’s holdings to approximately 0.77% of total units.

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

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