SINGAPORE (Oct 8): With the Singapore market down 5.7% year to date, corporate activity seemed to have picked up pace recently, says OCBC Investment Research.
In July, Wheelock & Co made an offer for Wheelock Properties at $2.10 versus the last closing price before the announcement of $1.74.
In Sept, Keppel Corporation proposed a privatisation of Keppel T&T with a 40% premium to last traded price prior to the offer.
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