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Affected OSIM shareholders to get 'goodwill' compensation

Ron Sim paying difference to those who sold shares on April 5 below S$1.39; a "very good outcome", says SIAS

Published Mon, Apr 18, 2016 · 09:50 PM

Singapore

IN a move to take the sting out of a controversy stemming from share purchase errors on April 5, OSIM International founder Ron Sim is making a "goodwill" payment to shareholders who sold their shares that day at below the revised final ex-dividend offer price of S$1.39.

Affected shareholders will receive the difference between the transacted sale price for each share…

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