By know it shouldn't be a secret that Keppel Corp offer to acquire SPH less the media business in a S$3.4 billion deal. Under the offer, SPH shareholders will receive 66.8 cents in cash per share together with 0.596 Keppel Reit units and 0.782 SPH Reit units per share. The total consideration is about S$2.099 per share based on share price of Keppel Reit (S$1.20) and SPH Reit (S$0.915) as of 30th July 2021.
Since 2017 when SPH announced appointing Ng Yat Chung as CEO (26th May 2017), I have written 3 blogs on SPH.
SPH -- A No No For Me............. (21st Sep 2017)
SPH -- All Times Low Since 1998 !!! (28th Jul 2019)
SPH Saga (10th May 2021)
So with the current event, privatization, this is the time to finally close the chapter on SPH. Well I wasn't a single day SPH investor so the whole thing in no way will have any impact on my investment. Let just close this analysis with a chart of SPH from 1998 till present. As the saying "The Picture Said It All" so not going to write some lengthly post here.
For SPH investors, how much you have gained or loss in the investment throughout the years, the above chart speaks for itself.
Good Luck to the existing SPH shareholders !!!
