Keppel says waiving its walk-away rights is an extra plus for its SPH offer

Based on market precedents, Keppel said, it is not common for an offeror with a MAE offer condition to waive it before shareholders have decided on the offer.

Keppel added that it is able to close the transaction more expeditiously than Cuscaden and provide the shortest time to pay-out by mid-January next year for SPH shareholders.

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