[sgbuffett]

Counter offer is $2.35

I believe OBS group will go to $2.40 ...and that will be the one share holders take. There is still some meat left ...but not as much as before.

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Kang Wan Chern
PUBLISHED 4 HOURS AGO


SINGAPORE - Keppel Corporation has raised its offer to take over and privatise Singapore Press Holdings (SPH) to $2.351 per share

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The improved offer is 12 per cent higher than Keppel's original offer for SPH announced on Aug 2 and a 9 per cent premium to SPH's last trading price of $2.16 on Nov 9. It also represents a premium of 56.7 per cent to the last undisturbed SPH share price of $1.503 on March 30 and a 7.9 per cent premium over SPH's net asset value per share of $2.184.

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The move comes after a rival, all-cash offer of $2.10 per share made on Oct 28 by Cuscaden Peak to privatise SPH.

OBS group has come back with a new proposal at exactly the price I predicted of $2.40

This will be the final offer.

Congrats to all who bought for good  gains

https://www.straitstimes.com/business/co...ementation