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Keppel shareholders vote in favour of SPH acquisition
In an EGM held on Dec 9, some 98.2 per cent of shareholder votes signalled their approval for the acquisition of SPH, while 1.8 per cent voted against it, which Keppel Corp describes as a show of "strong support" for the deal.
It's going up against Cuscaden Peak, the consortium comprising Hotel Properties (HPL), businessman Ong Beng Seng, and two Temasek-linked entities, CLA and Mapletree, in the battle for SPH.
