You are here

Mandatory general offer for Healthway Medical turns unconditional, offer closes

Friday, May 12, 2017 - 23:20

THE mandatory general offer by Lippo-linked Gentle Care for Healthway Medical Corporation has turned unconditional as it has surpassed 50 per cent of ownership, when taken together with the level of acceptances.

Gentle Care said in a Singapore Exchange filing on Friday that the level of acceptances stood at about 11.94 per cent of the total number of shares of the company, or 8.43 per cent of the maximum potential issued share capital of the company. The offer had closed on Friday.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom