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privatisation
F&B sector
Delisted food companies cited low liquidity and compliance costs
RE&S prepares for a delisting by October; BreakTalk and Koufu cite low liquidity and compliance costs as reasons for delisting
August 16, 2024
Offer
Mohamed Salleh and family make privatisation bid of shares in Second Chance with unconditional cash offer of 30 cents
This represents a premium of approximately 39.5% over the last transacted price per share of 21.5 cents.
July 10, 2024
Broker's Calls
Valuation for ThaiBev's subsidiary tender offer ‘on the high side’, says DBS
The team has kept its "buy" call and target price of 69 cents.
July 04, 2024
Property
Why Isetan’s minority shareholders believe the privatisation offer undervalues the company
Isetan's minority shareholders ask for better price in privatisation offer
May 23, 2024
M&A
Great Eastern’s 20th anniversary puzzler
OCBC’s $1.4 billion bid to take GEH has divided analysts and minority shareholders. How does the bid compare with previous deals?
May 16, 2024
Banking & finance
OCBC's offer for GEH opportune following switch to IFRS 17; offer is too low, say minorities
OCBC has made its third offer for GEH after the switch to IFRS17 shaves $2 billion off shareholders equity.
May 10, 2024
Regulatory Action
SGX RegCo issues notice of compliance to Boustead and Boustead Projects
The company must notify the exchange on its exit offer proposal no later than one month from Sept 26.
September 26, 2023
Offer
Sysma chairman will not revise privatisation offer price
Sysma shares closed on July 10 at 18 cents, higher than the offer price of 16.8 cents per share
July 11, 2023
Offer
Challenger's chairman Loo teams up with Dymon for another 56 cents privatisation bid
The previous offer was made in 2019 but was voted down by minority shareholders
May 30, 2023
Company in the news
SIAS calls on Ong family to improve privatisation offer for Lian Beng
SIAS will not stand by and allow companies to get away with lowball offers that are not fair and reasonable
April 24, 2023