The Business Times
business-time-50
SUBSCRIBERS

LCD Global offer: investors urged to base choice on timeframe

google-preferred-sourceAdd BT as a preferred source
Published Tue, May 27, 2014 · 10:00 PM

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

INDEPENDENT directors of LCD Global Investments are urging short-term share-holders to accept and long-term shareholders to consider rejecting a takeover bid for the property developer, according to a circular sent out on Monday.

The independent directors' recommendation follows independent financial advice from Provenance Capital.

Provenance noted that LCD's shares never traded above the offer price of 17 cents before the offer by RDL Investments was made in April.

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More