Business
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance…
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offer
Business
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based…
Business
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the…
Business
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share…
Business
Harvey Norman operator Ossia surges over 40% following privatisation offer from controlling shareholders
The offerors say the company faces a challenging environment in Singapore and abroad Shares of Ossia jumped more than 40 per cent on…
Business
Ossia controlling shareholders offer S$0.16 a share to take it private
The controlling shareholders of Ossia International – group executive chairman Goh Ching Wah, chief executive Goh Ching Huat, and…
Business
Cordlife jumps 48% to S$0.23 on partial offer from Thai-listed Medeze
The stem cell company is seeking to acquire about 25.6 million shares at S$0.25 apiece Shares of Cordlife surged by over 48 per cent on…
Business
Amara appoints W Capital Markets as IFA for offer from Hwa Hong-led consortium
Hotel group Amara on Wednesday (May 7) said it has appointed W Capital Markets as its independent financial adviser as it considers a…
Business
Procurri Corp moves towards delisting by appointing IFA for privatisation offer
Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent…
Business
Sinarmas Land offer price may be hiked
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments.…
Business
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already…
Business
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Development Limited’s (CDL) wholly…
Business
Sias urges Sin Heng Heavy Machinery shareholders to reject Tal United’s voluntary unconditional cash offer
The bid from Tal United to acquire Sin Heng Heavy Machinery at S$0.58 a share mid-last month has been described as a “lowball offer” by…
Business
Japfa shareholders approve privatisation offer
Japfa’s shareholders approved the scheme resolution proposed by family members of the agri-food company’s founder to take the business…
Business
Sinarmas Land minorities should be incensed by lowball offer from its controlling shareholder
The deal comes only a few months after a key unit of the group acquired a property company from Top Global at a premium to NAV Lowball…
Business
DFI could offer a special dividend after selling Cold Storage, Giant and other units: CGSI
could potentially issue a special dividend of following its divestment of its Singapore food business to South-east Asian retail…
Business
Paragon Reit appoints PrimePartners as IFA for privatisation offer
PARAGON Real Estate Investment Trust (Reit) has appointed PrimePartners Corporate Finance as the independent financial adviser (IFA) for…
Business
Paragon Reit jumps 11.8% on privatisation offer
This is after the manager announces that it received a S$0.98-per-unit privatisation offer from Times Properties UNITS of Paragon Real…
Business
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at…
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Sony to offer PlayStation Plus users five-day extension after global outage
SONY said on Sunday (Feb 9) that all PlayStation Plus members would automatically receive an additional five days of service, after a…
Business
Coinbase urges US regulators to clear path for banks to offer crypto services
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrencies…
Business
Gordon Tang and wife extend closing date of cash offer for Suntec Reit to Feb 7
THE closing date of the mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all units of…
Business
Santosa, Kolonas families offer to privatise Japfa at S$0.62 per share - The Business Times
THE family members of Japfa’s founder are looking to take the agri-food company private by way of scheme of arrangement, for S$0.62 per…