SG Realty:Global Premium Hotels to go private; Cache Logistics to buy Melbourne asset

Chairman of Global Premium Hotels plans to take the company private while Cache Logistics Trust expands into Australia with the proposed acquisition of a Melbourne warehouse for A$22.25 million.

Global Premium Hotels to go private

Global Premium Hotels announced on Friday that JK Global Capital intends to make a voluntary conditional cash offer for all the issued ordinary shares in the company for S$0.365 cents each.

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