privatisation and delisting

Offer

Milkyway Chemical makes firm offer of 22.66 cents per share for LHN Logistics; offer price said to be final

Shares in LHN Logistics closed flat at 22.5 cents on Aug 2.
GK Goh Holdings directors make $1.26 per share privatisation offer - THE EDGE SINGAPORE

Offer

GK Goh Holdings directors make $1.26 per share privatisation offer

The offer implies a price to consolidated unaudited net asset value per share (P/NAV) of 0.97x.
Bonvests Holdings makes 23 cents per share privatisation bid for Colex - THE EDGE SINGAPORE

Offer

Bonvests Holdings makes 23 cents per share privatisation bid for Colex

Catalist-listed Colex Holdings is the 78.94%-owned subsidiary of Bonvests Holdings.

Broker's Calls

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

"Armed with better overseas exposures in Vietnam Indonesia and Australia, we think there could be potential upside to SMG’s offer"

Offer

Offer for GYP's shares increases to 20 cents per share

As at 9.08am, shares in GYP surged 0.7 cents higher or 3.63% up to reach 20 cents, the same as the consortium’s offer price.
SMG’s CEO, non-executive chairman and executive director make 37 cents per share privatisation bid for company - THE EDGE SINGAPORE

Offer

SMG’s CEO, non-executive chairman and executive director make 37 cents per share privatisation bid for company

The cash price is a premium of 18.1% over the one-month VWAP of SMG's shares traded on the SGX.

Offer

Shares in GYP Properties surge 12.8% to reach 16.8 cent offer price

According to the filing, the offeror intends to delist GYP Properties should the offer go through.

Company in the news

Razer to delist in May after getting shareholders' approval to go private

Razer first went public on the Hong Kong Stock Exchange in November 2017 with an IPO price of HK$3.88 per share.

Offer

Singapore O&G shares surge 18% upon privatisation offer

As at 10.30am, shares in Singapore O&G are trading 4.5 cents higher or 18% up at 29.5 cents, representing a 52-week high.
Neo Group privatisation offer turns unconditional receiving over 90% of valid acceptances - THE EDGE SINGAPORE

Buyout

Neo Group privatisation offer turns unconditional receiving over 90% of valid acceptances

The closing date for the offer is now extended to 5.30pm on May 25.
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