RHB says to take profit on Croesus Retail Trust after $1.17 cash offer
By Samantha Chiew
It is approximately 38% premium over the 12-month volume weighted average price (VWAP)/unit, 34% and 31% premium over 6-month and 3-month VWAP/unit respectively.
The scheme is expected to be completed by 4Q17.
Unitholders of CRT may also receive a distributable income of up to an aggregate of approximately $31.3 million, translating into 4.06 cents per unit.
Source: The Edge
http://www.theedgemarkets.com.sg/rhb-sa ... 3-87358173
