SPH
Wisdom in SPH restructuring
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Vote on the SPH end likely to fail, depending how it is put.  SPH Directors now have to account if the HPL-TH offer was earlier submitted, and why was it not put on the table as well.  Also - will there be other private equity bidders now coming out, since even the GLCs and SWFs are fighting out between themselves?look@bright ( Date: 29-Oct-2021 15:42) Posted:
so now cash offer will be $2.10 + 0.03 dividend = $2.13
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KC has been given 10 days to consider improving its offer. 
Also no body interested what the offer cash is king ..
New announcement by SPH just now like nothing to say just reviewing the offer only...Than why halt trading whole day ? Waste the market time...

cobrajr ( Date: 29-Oct-2021 19:01) Posted:
Take CASH  NO odd lots
look@bright ( Date: 29-Oct-2021 15:42) Posted:
so now cash offer will be $2.10 + 0.03 dividend = $2.13
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Take
CASH  NO odd lots
look@bright ( Date: 29-Oct-2021 15:42) Posted:
so now cash offer will be $2.10 + 0.03 dividend = $2.13
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KC and SPH are considering Cuscaden' s offer.  There might be new developments.  The $2.10 may not be the final offer
look@bright ( Date: 29-Oct-2021 15:42) Posted:
so now cash offer will be $2.10 + 0.03 dividend = $2.13
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so now cash offer will be $2.10 + 0.03 dividend = $2.13
 
Yes.  In view of Cuscaden s counter offer, Kep Corp has siad that it will study and may make a statement later
cobrajr ( Date: 29-Oct-2021 15:05) Posted:
| Just pay cash, better than odd lot shares |
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Just pay cash, better than odd lot shares
SPH has informed Shareholders that it is considering the Cuscaden Proposal and will act in the best interests of all Shareholders and in accordance with its fiduciary duties.
The offers from KC and OBS consortium are still too low. There?s value in this ?dustbin?of assets that were acquired under different chairmen and CEOs who had no clue on managing the group. Most if not all the managers and directors are parachuted into the denuded goldmine of the past.
Now managers like LCH of KC and OBS and gang see value.
Let?s the play starts. Enjoy it. 🤣 🤣 🤣
Goldfinger ( Date: 29-Oct-2021 12:38) Posted:
| Hopefully this will be the green light for more Private Equity Funds and Conglomerates to make similar bidding war for SPH.  What a joke.  Was this HPL-led deal also one on the table back then???? Can we please have more transparency? |
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Hopefully this will be the green light for more Private Equity Funds and Conglomerates to make similar bidding war for SPH.  What a joke.  Was this HPL-led deal also one on the table back then???? Can we please have more transparency?
Kep Corp is looking into Cuscaden' s offer and may make an announcemnet at the appropriate time.
Will KC up its offer to take over SPH?
Another bid for SPH! Interesting development
Any update on the $800M claims. 🤨 🤨
investshare ( Date: 29-Oct-2021 09:53) Posted:
Strangely Keppel price up on this news.
wehuattogether88 ( Date: 29-Oct-2021 09:31) Posted:
| The main difference is an all cash offer from the Cuscaden Peak, which is better than the one from Kepple.  |
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Think about it - there will be many SPH shareholder who will not accept either offer. For the Pro-Sale Camp, there will be a split between those who want a stake in the Keppel and SPH Reits and those who want all cash.  Say 40% want to sell, and its split evenly.  They will now have to get passage at the EGM for the deals, unless the SPH Board rejects one and only tables one good offer, which still leaves the other Pro-Camp in the cold. So, the likelier now is for either (1) one party to give a better priced deal, meaning up the acquisition price, or (2) both will fail, and SPH continues happily.  Either way - I think its a Win for existing SPH Holders.  Sit tight, and let them fight it out.    ahboy8 ( Date: 29-Oct-2021 09:37) Posted:
| SPH current offer is combine of shares and cash at $2.099. The new offer came in at $2.1. With just a 0.001c increase? And some of you here will think that this will end in a bidding with higher offer? Let' s see. |
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Strangely Keppel price up on this news.
wehuattogether88 ( Date: 29-Oct-2021 09:31) Posted:
| The main difference is an all cash offer from the Cuscaden Peak, which is better than the one from Kepple.  |
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Please reject!
 
SPH current offer is combine of shares and cash at $2.099. The new offer came in at $2.1. With just a 0.001c increase? And some of you here will think that this will end in a bidding with higher offer? Let' s see.