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Last Updated: 8 February, 2012
Khazanah
Khazanah's Proffer for Parkway Holdings 'Not Compelling'
The value implied by Khazanah's fractional offer price for healthcare group Parkway Holdings is logical but it's not convincing in the milieu of a bid, involving a change of control, says Morgan Stanley.
It came to the termination after noting that Parkway shares are last trading above Khazanah's offer price of S$3.78 a share.
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- CPF to place 1% cap on CPFIS wrap fee from July
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- China's economic growth will likely tumble to 7.9% in 2012: Nomura International predicts
- Singaporeans to see MRA climbing from S$27,500 to S$32,000 from Jan. 1
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- China's economic growth will likely tumble to 7.9% in 2012: Nomura International predicts
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