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Stocks to watch: Silkroad Nickel

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Michelle Zhu

Michelle Zhu

Published Tue, Sep 27, 2022 · 08:11 AM
    • An offer from its executive director to privatise Silkroad Nickel was declared unconditional on Monday.
    • An offer from its executive director to privatise Silkroad Nickel was declared unconditional on Monday. PHOTO: YEN MENG JIIN, BT

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE following company saw new developments that may affect trading of its securities on Tuesday (Sep 27):

    Silkroad Nickel : An offer from its executive director to privatise the Indonesia-based nickel ore miner was declared unconditional on Monday, with its closing date to be extended to 5.30 pm on Oct 25 from the same time on Oct 10 previously. Valid acceptances of the offer from the offeror’s concert parties stood at 63.2 per cent, while valid acceptances from other shareholders stood at 27 per cent. Shares of Silkroad Nickel ended Monday flat at S$0.415, before the news. 

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