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Suntec Real Estate Investment ( (SG:T82U) ) has provided an announcement.
A mandatory conditional cash offer has been made by Aelios Pte. Ltd., represented by United Overseas Bank Limited and DBS Bank Ltd., to acquire all units of Suntec Real Estate Investment Trust not already owned by them. The offer price has been revised to S$1.19 per unit, with an extension of the offer closing date, potentially impacting the ownership structure and market strategy of Suntec REIT.
More about Suntec Real Estate Investment
Suntec Real Estate Investment Trust is a real estate investment entity established under the laws of Singapore, focusing on investment in real estate assets.
YTD Price Performance: 2.24%
Average Trading Volume: 1,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.56B
Learn more about T82U stock on TipRanks’ Stock Analysis page.
