voluntary conditional cash offer

Broker's Calls

Memtech minority shareholders should take $1.35 cash offer, says CGS-CIMB

SINGAPORE (May 29): CGS-CIMB Research says minority shareholders of Memtech International (MTEC) should take the cash offer of $1.35 per share, which the brokerage deems to be a “fair” offer price and an “attractive cash exit opportunity”.

M&A

Courts Asia gets 20.5 cents per share offer from Tokyo-listed Nojima

SINGAPORE (Jan 18): Courts Asia, the regional purveyor of furniture and household and IT appliances, has received a 20.5 cents voluntary conditional cash offer from Nojima Asia Pacific for all its issued and outstanding ordinary shares.

M&A

BRC Asia offers 42 cents per share for all Lee Metal shares

SINGAPORE (Feb 21): BRC Asia is making a voluntary conditional cash offer of 42 cents a share for all the issued shares in Lee Metal Group.

Founding family of Sim Lian offers $1.08 per share to take company private

SINGAPORE (Aug 9): Kuik Ah Han, the founder and executive chairman of Sim Lian Group, is taking the property developer and construction company private.

Trading of NOL shares suspended as free float falls below 10% after offer closes

SINGAPORE (July 19): Neptune Orient Lines says trading of its shares has been suspended at the close of the voluntary conditional cash offer by CMA CGM S.A.
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