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.
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.
SPH bidding war: Cuscaden counters Keppel with higher offer of $3.9b
The offer is superior to Keppel’s $3.8b.
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.
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