Following a meeting with GEAR's representatives on March 6, SIAS followed up with a press statement on 9 March 2023 emphasising the importance of making clear the distinction of the two corporate actions.
Dear Mr Fuganto Widjaja and members of the board,
SIAS published an appeal to Golden Energy and Resources (GEAR) on its exit offer on March 1 2023, urging the company to improve its exit offer as GEAR seeks to carry out a distribution of GEMS and the privatisation of GEAR.
