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SGX:BHU

2 stories mentioning SGX:BHUUpdated 23d ago

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Asia

SUTL Enterprise Arm Extends Long-Stop Date for Marina at Keppel Bay Acquisition

SUTL Enterprise's (SGX:BHU) wholly-owned subsidiary One15 Marina KB and Keppel Bay have also agreed to extend their long-stop date for the proposed SG$40 million acquisition of Marina at Keppel Bay to Jan 4, 2027, from Jul 31, according to a Thursday filing to the Singapore stock exchange.The extension follows the start of the second phase of in-depth review of the acquisition by the Competition and Consumer Commission of Singapore (CCS).A Phase 2 review entails a more detailed and extensive examination of the effects of the merger situation, the company said.

SGX:BHU
Asia

SUTL Enterprise, Keppel Bay Agree to Extend Long-Stop Date

SUTL Enterprise (SGX:BHU) subsidiary ONE15 Marina KB and Keppel Bay agreed to defer the long-stop date to July 31, in connection with the acquisition of property and assets at the Marina at Keppel Bay, according to a Friday filing with the Singapore Exchange.Earlier, the two parties had signed a put and call option agreement to acquire Keppel Bay's assets for SG$40 million.

SGX:BHU

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