Cuscaden

Cuscaden is a consortium backed by Hotel Properties, businessman Ong Beng Seng, and Temasek-linked entities CLA and Mapletree.

See below for the Latest Cuscaden News, Analysis, Profit Results, Share Price Information, and Commentary. 
 

Paragon REIT declines acquisition offer for The Seletar Mall 

The REIT cited the potential dilution of DPU as a factor that led to the decision.

Paragon REIT declines acquisition offer for The Seletar Mall 

The REIT cited the potential dilution of DPU as a factor that led to the decision.

The Woodleigh Mall opens in Bidadari with 100% tenant occupancy

It houses 160 brands ever since its May 2023 soft launch.

Cuscaden Peak acquires 61.68% stake in SPH REIT

This translates to a total of $1.73b units.

Cuscaden Peak declares unconditional its mandatory cash offer to acquire SPH REIT units

It has received valid acceptances of its chain offer of an aggregate of 130,059,351 offer units.

Cuscaden Peak seeks to acquire SPH Reit for $0.9372 per unit

It stemmed from Cuscaden Peak’s right to reduce the minimum chain offer price.

What's next after Cuscaden gets SPH's non-media assets

UOB Kay Hian said Cuscaden might make a mandatory offer of $0.964 per share.

Cuscaden Scheme acquires MAS, IMDA regulatory nod

This moves the consortium closer to the takeover of SPH.

Keppel stands firm on $2.351 per SPH share offer

Keppel calls its offer compelling and a win-win proposition.

Temasek-backed Cuscaden announces offer for SPH

Two options were elaborated in their announcement. 

Cuscaden obliged to offer $0.964 chain offer price per SPH REIT unit

This is based on the average daily VWAP of the units within the last 20 trading days.