Welcome!
privatisation offer
Offer
Amos Group loses free float; offer to close on Nov 21
In its offer document released on Sept 25, the offeror said it intended to seek a delisting from the Singapore Exchange (SGX) if the free float requirement is not met.
22 days ago
Offer
Patec Taiwan makes privatisation offer for Broadway Industrial Group’s shares at 19.7 cents apiece
Broadway Industrial Group's net asset value (NAV) per share as at June 30 stood at 21.3 cents.
October 28, 2024
Company in the news
Silverlake Axis offeror acquires 88,800 shares, bringing ownership to 92.27%
This comes after the announcement that SAL lost its free float on Oct 7.
October 17, 2024
Offer
Silverlake Axis extends offer closing date to Oct 21
As at 6pm on Oct 3, SAL says it received valid acceptances of 2.12 billion offer shares, representing about 84.17% of the company’s shares.
October 04, 2024
Offer
Ossia’s Goh family receives 85.92% in valid acceptances at close of offer
The offer closed at 5.30pm on Aug 30 and is no longer open for acceptances.
September 01, 2024
Broker's Calls
‘Accept’ Silverlake Axis’ cash offer of 36 cents, says PhillipCapital
The offer of 36 cents per share represents some 2.7 times of SAL’s NAV per share of 13.5 cents as of June 30.
August 29, 2024
Offer
Silverlake Axis makes privatisation offer at 36 cents per share
Shareholders may also opt for a combination of 30 cents per share in cash and one redeemable preference share in the offeror.
August 26, 2024
Offer
Trading of Isetan’s shares to be suspended from Aug 29
Shareholders can expect to receive their scheme consideration payout by Sept 17.
August 25, 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
Offer
OCBC explains rationale behind offer price of $25.60 for GEH shares
OCBC says it will only seek GEH's delisting if the “conditions are acceptable and in the interests of OCBC and its shareholders”.
June 27, 2024