|Bid||3.3300 x 0|
|Ask||3.3700 x 0|
|Day's range||3.3200 - 3.3800|
|52-week range||3.0300 - 3.5100|
|Beta (5Y monthly)||0.72|
|PE ratio (TTM)||N/A|
|Earnings date||25 Feb 2021|
|Forward dividend & yield||0.04 (1.20%)|
|Ex-dividend date||06 May 2021|
|1y target est||N/A|
* Voting on Keppel's bid to take place on Dec. 8. Nov 15 (Reuters) - Cuscaden Peak raised its offer for Singapore Press Holdings Ltd to about S$3.9 billion ($2.88 billion), looking to fend off a challenge by Keppel Corp in a rare bidding war between two groups linked to Singapore state investor Temasek Holdings.
Conglomerate Keppel Corp has raised its offer to buy Singapore Press Holdings (SPH) , excluding its media business, at a valuation of $2.8 billion, heating up a bidding war with a consortium that includes firms linked to state investor Temasek Holdings. Singapore's Keppel in a statement late on Tuesday https://bit.ly/3061fqj said it is now offering S$2.351 per share to SPH shareholders in cash plus stock, higher than its initial offer of S$2.099 and outbidding Cuscaden Peak https://www.reuters.com/article/sph-m-a-cuscaden-idUSKBN2HJ0CG 's S$2.1 per share.
A consortium linked to Singapore state investor Temasek Holdings on Friday proposed buying media and real estate company Singapore Press Holdings Ltd (SPH) for about S$3.4 billion ($2.5 billion), seeking to out-bid conglomerate Keppel Corp. The new offer has set the stage for a potential bidding war among investors eyeing SPH's property assets, which include malls, student accommodation and facilities for care of the elderly. The consortium Cuscaden Peak, which includes billionaire hotelier Ong Beng Seng and two firms affiliated with Temasek, offered S$2.1 per SPH share in cash, topping Keppel's cash-plus-share offer of S$2.099.