Suntec Real Estate Investment ( (SG:T82U) ) has issued an announcement.
Aelios Pte. Ltd. made a mandatory conditional cash offer to acquire all outstanding units of Suntec Real Estate Investment Trust, excluding those already owned or controlled by the offeror and its affiliates. The offer included a revised price of S$1.19 per unit. This strategic move could potentially impact Suntec REIT’s market position and influence the stakeholders involved.
More about Suntec Real Estate Investment
Suntec Real Estate Investment Trust is a real estate investment trust established under the laws of the Republic of Singapore. It focuses on investing in a diversified portfolio of income-producing real estate assets used for retail and office purposes.
YTD Price Performance: 2.35%
Average Trading Volume: 1,145
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.54B
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