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Sinjia Land's S$2b RTO may be revised with new valuation

Annabeth Leow

Annabeth Leow

Published Mon, Feb 7, 2022 · 05:50 AM

Singapore

CATALIST-LISTED backpacker hostel operator Sinjia Land's reverse takeover (RTO) by sorghum producer Binex Singapore may not be based on the price tag of S$2 billion that had been previously announced, the board told the bourse regulator last Saturday (Feb 5).

Instead, Sinjia Land said that it has appointed…

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