SINGAPORE: There may be a silver lining for investors in Singapore property stocks after recent government curbs fueled a selloff in the sector.
A S$598mil (US$438mil) take-private offer for Wheelock Properties (S) Ltd, which sent the stock to its highest level in more than eight years, has stoked speculation of more buyouts in the industry.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!