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SMG should be valued closer to Singapore O&G's offer, says UOB Kay Hian; shareholders should 'reject offer'

Felicia Tan
Felicia Tan • 3 min read
SMG should be valued closer to Singapore O&G's offer, says UOB Kay Hian; shareholders should 'reject offer'
On Sept 13, SMG’s CEO, non-executive chairman and executive director made a conditional general offer of 37 cents per share to the group’s shareholders. Photo: SMG
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UOB Kay Hian analyst Llelleythan Tan has advised Singapore Medical Group’s (SMG) shareholders to reject the group’s offer.

On Sept 13, SMG’s CEO, non-executive chairman and executive director made a conditional general offer of 37 cents per share to the group’s shareholders.

The offer is made with a view to delist and privatise the company.

TAGS
Singapore Medical Group (SMG)
privatisation and delisting
UOB Kay Hian
Broker's calls

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