What to expect if you have 1,000 SPH shares

Updated

Published

Aug 03, 2021, 05:00 AM

Under Keppel's offer to take Singapore Press Holdings (SPH) private, shareholders will receive a total consideration of $2.099 per share.

This represents a premium of about 40 per cent to the last traded price before the announcement of SPH's strategic review on March 30.

This means that, if a shareholder has 1,000 SPH shares, he will get:

$668

in cash

units of Keppel Reit valued at $715

units of SPH Reit valued at $716.

This makes up a total consideration of $2,099. The illustrative values are based on last Friday's closing share prices.

• A final dividend for financial year 2021, if one is declared; and

• Going forward, steady dividend yields in the 4 per cent range, based on the historical averages, for SPH Reit and Keppel Reit.

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