CNP 0.00% 4.0¢ cnpr group

centro brings other property funds down..., page-3

  1. 25,108 Posts.
    Hi Damman,

    Who knows??? It is absolutely impossible to say - lol!

    As has been discussed before UBS is a major holder that actually increased their stake during the selloff. To protect themselves wouldn't the best scenario be for them to be a part of the 'White Knight' team, keeping in mind that the Singaporean Government is now the major shareholder in UBS holding a 9% stake. So, cash (to my mind) is not a problem, as long as the Centro business model and business is sustainable.

    Cheers, Pie :-)
 
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