DUBAI, Mar 4 Dubai-based Emaar Properties and India's MGF Group will offer S$ 1.05 per sh

DUBAI, Mar 4 (Reuters) Dubai-based Emaar Properties and India's MGF Group will offer S$1.05 per share for a 76.08 percent stake in Singapore retailer RSH Ltd, the companies said on Sunday.

Emaar, the largest Arab property developer by market value, and MGF will make the bid through their joint venture Golden Ace Pte Ltd., the statement said.

The bid would value RSH at S$370 million ($242.5 million), it said. RSH shares last traded on Feb. 28 at S$1.2.

REUTERS DKS KN1640