SUBSCRIBERS

Stocks to watch: Silverlake Axis

Therese Soh
Published Wed, Sep 25, 2024 · 08:20 AM
    • The $0.36 per share offer for Silverlake Axis will remain open for acceptance until 5.30 pm on Oct 7, unless a later date is announced by E2I.
    • The $0.36 per share offer for Silverlake Axis will remain open for acceptance until 5.30 pm on Oct 7, unless a later date is announced by E2I. PHOTO: BT FILE

    THE following company saw new developments that may affect trading of its securities on Wednesday (Sep 25): 

    Silverlake Axis : E2I’s voluntary unconditional offer to take the enterprise technology company private at S$0.36 per share in cash is final and there is no intention to raise the price, said the offeror. The offer will be open until 5.30 pm on Oct 7 unless E2I announces a later date. Shares of Silverlake Axis closed flat at S$0.37 on Tuesday, before the news.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.