The bid was 1.2% more than the second highest bid, which was submitted by a JV between Far East Civil Engineering and Sekisui House.
SINGAPORE (June 14): DBS is maintaining its “hold” call on Singapore Press Holdings with a target price of $3.39.
Elara 1 and Callisto 1 – subsidiaries of SPH and Kajima Development – emerged as the top bidder among 12 other bids for a new leasehold mixed development along Upper Serangoon Road at a price of $1.1 billion.
