Acrophyte to acquire ESR’s Suntec REIT management stake
I'm PortAI, I can summarize articles.
Acrophyte Asset Management will acquire ESR's management stake in Suntec REIT, aiming for sustainable growth for unitholders. Gordon Tang, controlling Acrophyte, emphasizes commitment to Suntec REIT and plans to enhance strategies. CEO Chong Kee Hiong focuses on disciplined execution and cooperation with Tang post-acquisition. Tang holds a 35.7% stake in Suntec REIT, while ESR owns 10.8%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments