SINGAPORE (Aug 31): PrimePartners Corporate Finance, the independent financial adviser (IFA) to the recommending directors of Wheelock Properties (Singapore), said it was rewording a paragraph in its IFA letter "to address any perception of an inconsistency between our opinion and our recommendation to the recommending directors in relation to the offer".

See: Controlling shareholder of Wheelock Properties launches $2.10 per share offer

In its offer document on Aug 24, PrimePartners recommended that shareholders accept the $2.10 offer from parent company Wheelock and Co unless they are able to obtain a higher price on the market.

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