Kepwealth's tender offer for all outstanding shares of Keppel Philippines (PSE:KPH) closed on June 11, according to a Friday Philippine bourse filing.
A total of 5.4 million shares, representing about 9.48% of Keppel Philippines's total outstanding shares, were validly tendered and accepted.
The shares were crossed via a special block sale on the Philippine Stock Exchange on June 18.
Upon settlement on Friday, Kepwealth will beneficially own 56.9 million shares, or about 99.34% of Keppel Philippines, making way for the company's voluntary delisting.
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