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Consortium comprising Mapletree, CLA, Ong Beng Seng and Hotel Properties make rival offer for SPH

Felicia Tan
Felicia Tan • 2 min read
Consortium comprising Mapletree, CLA, Ong Beng Seng and Hotel Properties make rival offer for SPH
The consortium has proposed a consideration of $2.10 per share fully paid out in cash.
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Cuscaden Peak, a company formed by a consortium comprising Tiga Stars, Adenium and Mapletree Fortress have made a rival offer to acquire Singapore Press Holdings (SPH) on Oct 28.

Tiga Stars, Adenium and Mapletree Fortress are subsidiaries of Hotel Properties, CLA Real Estate Holdings and Mapletree Investments respectively.

TAGS
Singapore Press Holdings (SPH)
Cuscaden Peak
Mapletree Investments Pte Ltd (Mapletree)
Temasek Holdings (Temasek)
Ong Beng Seng
Hotel Properties Limited (HPL)

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