Perennial Real Estate Holdings Limited has announced a voluntary conditional cash offer to acquire all the issued and paid-up ordinary shares. The offer price is S$0.95 in cash for each share you held. If you are not familiar with Perennial, let me give you a quick summary. The company is an integrated real estate and healthcare company headquartered and listed in Singapore. The sponsors include Mr Ron Sim, founder of OSIM and Mr Pua Seck Guan, one of Singapore’s pioneer in REITs. Mr Pua had been the CEO of CapitaLand Retail, CapitaMall Trust Management and CapitaLand Financial. In China, Perennial is a healthcare services owner, operator and provider with two core business segments, being hospitals and medical centres as well as eldercare and senior housing. The company is also a dominant commercial developer with large-scale mixed-use integrated developments. Their developments include Chengdu East High Speed Railway (“HSR“) Integrated Development,...