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CMT, CCT sweeten merger deal for unitholders

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CAPITALAND Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) on Friday announced deal sweeteners for their proposed merger, such as higher accretion to their respective distribution per unit (DPU), and the decision of CMT's manager to completely waive the acquisition fee of S$111.2 million. Read more at The Business Times.

Kevin Chee, CEO of CCT's manager, and Tony Tan, CEO of CMT's manager, at a briefing on Friday. CMT's manager will completely waive the acquisition fee of S$111.2 million.

CAPITALAND Mall Trust and CapitaLand Commercial Trust on Friday announced deal sweeteners for their proposed merger, such as higher accretion to their respective distribution per unit , and the decision of CMT's manager to completely waive the acquisition fee of...

 

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Stocks to watch: Frasers Centrepoint Trust, Frasers Property, CMT, CCT, PLife ReitTHE following companies saw new developments that may affect trading of their securities on Friday: Read more at The Business Times.
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Long-stop date for CMT-CCT merger extended to Nov 30; EGMs to be held on Sept 29THE long-stop date for the proposed merger between CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) has been extended to Nov 30 from Sept 30, their managers announced on Friday. Read more at The Business Times.
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