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Accept privatisation offer for Perennial, CGS-CIMB tells minority shareholders

Jeffrey Tan
Jeffrey Tan6/16/2020 11:29 AM GMT+08  • 2 min read
Accept privatisation offer for Perennial, CGS-CIMB tells minority shareholders
SINGAPORE (June 16): Minority shareholders of Perennial Real Estate Holdings should accept the privatisation offer made by the company’s substantial shareholders together with Chinese asset manager HOPU Fund Management Company, according to CGS-CIMB.
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SINGAPORE (June 16): Minority shareholders of Perennial Real Estate Holdings should accept the privatisation offer made by the company’s substantial shareholders together with Chinese asset manager HOPU Fund Management Company, according to CGS-CIMB.


See: Perennial's controlling shareholders launch privatisation offer at 95 cents per share

The consortium, which already holds 82.43% of the integrated real estate and healthcare company, is offering 95 cents per share and will not revise the offer.

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