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Cuscaden Peak
REITs
Paragon REIT malls to accept use of CapitaLand's eCapitaVoucher
The move will enable shoppers at these malls to use eCapitaVoucher as an in-store digital payment mode.
April 10, 2023
Broker's Calls
DBS initiates 'buy' on Hotel Properties with TP of $4.35
DBS analysts Elizabelle Pang and Derek Tan see several positives including the group being a beneficiary of revenge travel.
February 20, 2023
Property
Super-rich get rare chance to join Singapore's billionaire row
The three Nassim bungalows were put on sale in late September by Cuscaden Peak Investments.
November 02, 2022
Results
SPH REIT reports DPU of 5.52 cents for 12MFY2022
“The portfolio has shown improved performance as Singapore and Australia move towards normalisation."
October 08, 2022
Results
SPH REIT reports 3QFY22 distribution of 1.45 cents per unit, up 5.1% y-o-y
Gearing as at June 30 was 30.1%
July 07, 2022
Offer
Cuscaden Peak's chain offer for SPH REIT units declared unconditional
As the chain offer has become unconditional, the closing date for the offer will be extended to 5.30pm, on June 30.
June 02, 2022
Offer
Cuscaden Peak makes cash offer of 93.72 cents for SPH REIT units after adjusting for distributions
The cash offer is 3.88% lower than SPH REIT’s last-closed unit price of 97.5 cents on April 28.
April 29, 2022
REITs
Chain offer price for SPH REIT
Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May
April 14, 2022
Property
HPL to book $29 million gain from sale of London hotel
HPL is one of the three parties in the Cuscaden Peak consortium that has recently won the bid for Singapore Press Holdings.
April 10, 2022
M&A
SPH shareholders vote overwhelmingly in favour of Cuscaden offer
Some 89.19% of shareholders holding 96.55% of the number of shares in SPH voted in favour of the scheme resolution.
March 22, 2022