The cash offer is 3.88% lower than SPH REIT’s last-closed unit price of 97.5 cents on the same day.
Cuscaden Peak has made a cash offer of 93.72 cents for each SPH REIT on April 28.
The offer price has been adjusted for the distributions of 1.24 and 1.44 cents per unit in the 1QFY2022 and 2QFY2022 respectively, from the minimum chain offer price of 96.4 cents.
