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

MT Newswires05-15

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment