SINGAPORE (July 21): DBS is advising investors to accept Temasek’s offer of $1.68 per share for SMRT shares, according to a flash note on Thursday.

The development comes as state-owned investment holding company Temasek Holdings and SMRT jointly announced the privatisation of SMRT on Wednesday evening.

See Should investors accept Temasek’s $1.68 per share offer for SMRT?

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