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Aelios Pte. Ltd. Announces Revised Cash Offer for Suntec REIT

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Aelios Pte. Ltd. Announces Revised Cash Offer for Suntec REIT

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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

For detailed information about T82U stock, go to TipRanks’ Stock Analysis page.

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