TDCX minority shareholder wants MAS, SEC to scrutinise privatisation offer
A MINORITY investor of digital advertising solutions provider TDCX has filed a complaint with the Monetary Authority of Singapore and the US...
Hot stock: Japfa declines comment on potential privatisation deal; stock jumps 20.9%
THE shares of Japfa jumped as much as 20.9 per cent after the company issued a statement declining to comment on a...
Sinopharm offers to take China-TCM private in nearly US$3 billion deal
A CONSORTIUM led by state-owned pharma giant Sinopharm has revived a take-private bid for China Traditional Chinese Medicine Holdings, the Hong-Kong-listed drugmaker...
Germany cuts stake in DHL in privatisation push
GERMANY’S state-owned KfW bank placed some 50 million shares of its stake in DHL for 2.17 billion euros (S$3.1 billion) on Tuesday...
Boustead Projects to delist on Feb 9
BOUSTEAD Projects will be delisted from the mainboard of the Singapore Exchange (SGX) effective 9 am on Feb 9, 2024, it announced...
IFAs should use appropriate valuation basis to assess companies in take-private deals
THE lowball voluntary unconditional cash offer for Amara Holdings closed last week with the offeror – a special purpose vehicle owned by...
Amara Holdings privatisation offer fails to reach compulsory acquisition threshold
THE voluntary cash offer for Amara Holdings closed on Tuesday (Jan 16), with offeror Amethyst Assets garnering 88.39 per cent in shareholding...
Teo family, Dymon Asia consortium extends offer closing date for Amara privatisation to Jan 16
THE closing date for Amara Holdings’ voluntary unconditional cash offer has been extended from 5.30 pm on Jan 2 to the same...
Closing date for Boustead Projects offer extended to Jan 10; valid acceptances at 98.76%
THE closing date for Boustead Singapore’s cash exit offer for its real estate unit, Boustead Projects, has been extended from 5.30 pm...
Independent financial adviser deems offer for Amara ‘fair and reasonable’
XANDAR Capital, the independent financial adviser (IFA) in the exit offer for Amara Holdings, has deemed the voluntary cash offer at S$0.60...