The filing notes that the offer remains open for acceptance until 5.30pm on Oct 7, or such later dates may be announced from time to time by or on behalf of the offeror.
Following Silverlake Axis (SGX:5CP
) ’ privatisation offer on Aug 26, the offeror, E2I Pte. Ltd, has announced that it does not intend to increase the offer consideration, according to a bourse filing on Sept 24.
The offer considerations are either 36 cents in cash for each offer share, or a combination of 30 cents in cash and one new redeemable preference share in capital of the offeror, for each offer share. The redemption amount for each new share in the offeror is 18 cents.
