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SMRT goes private with shareholders in favour of Temasek buyout

Benjamin Cher Published on Thu, Sep 29, 2016 / 7:27 PM GMT+8

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SINGAPORE (Sept 29): SMRT shareholders holding 92.89% of scheme shares have voted in favour of Temasek’s buyout offer of $1.68 per share.

Majority shareholder Temasek was not included in this vote, which followed an earlier vote on accepting the New Rail Financing Scheme, of which 98.84% of shareholders voted “yes”.

(See also: Close to 99% of SMRT shareholders vote ‘yes’ to sale of assets to govt)

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