The exit offer price is 23.6% higher than BPL’s last traded price of 95.5 cents and 24.2% higher than the 95 cents previously offered.
Boustead Singapore (SGX:F9D
) has announced that it has received valid acceptances of its exit offer amounting to 7,230,809 shares in Boustead Projects (SGX:AVM) , representing approximately 2.31% of its total shares, as at Dec 13.
On Nov 20, Boustead Singapore finalised its exit offer of $1.18 per share to shareholders of Boustead Projects, which will be delisted from the Singapore Exchange (SGX:S68) Securities Trading (SGX-ST) upon completion of the offer.
