MT Newswires01-13
Alpha Integrated REIT (SGX:M1GU) appointed Asian Corporate Advisors as an independent financial adviser to guide the REIT on the takeover offer made by Mindarie Investment, according to a Monday filing with the Singapore Exchange.
Shares of the REIT were up over 1% in Tuesday trading.
Mindarie Investment proposed to acquire all the issued and outstanding shares it does not own in the REIT at SG$0.48 per unit in cash.
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