Super Group to delist shares on Tuesday
WITH the completion of the compulsory acquisition exercise, the shares of Super Group will be delisted from the official list of the SGX-ST with effect from 9am on June 6.
The group is now a subsidiary of Sapphire Investments, which is an indirectly wholly owned subsidiary of Dutch coffee and tea company Jacobs Douwe Egberts.
Sapphire Investments had on June 2 completed the exercise of its right of compulsory acquisition of shares of Super Group by shareholders who have not previously agreed to its offer.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BNP Paribas beats estimates as lower costs offset trading slump
TikTok ultimatum puts US firms in firing line for China response
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
BHP targets Anglo American in bid valuing miner at US$39 billion
FTSE 100 hits record high on big mining M&A, earnings push
Hermes Q1 sales jump 17% on strong China demand