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SPH shares hotly traded as market anticipates new Keppel offer
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Under the current offer terms, Keppel has the option, in the event of a rival bid, to make a voluntary conditional cash offer for SPH .
PHOTO: ST FILE
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SINGAPORE - Shares of Singapore Press Holdings (SPH) and SPH Real Estate Investment Trust (Reit) were heavily traded after both stocks resumed trading on Monday (Nov 1).
The stocks halted trading last Friday after SPH received a surprise all-cash offer from Cuscaden Peak to take it private.
