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Best World

Companies & Markets

Best World raises stake in British beauty firm Pedal Pulses

Best World made an exit offer by way of a selective capital reduction in April as it seeks to delist the personal-care products company. 
Consumer & Healthcare

Best World’s exit offer ‘fair and reasonable’, says independent financial adviser

Best World announced last month its exit offer by way of a selective capital reduction as it seeks to delist the company.
Companies & Markets

Best World raises exit offer price to S$2.56 per share in final offer

Short-selling of its stock and the increasing risk of operating in the China market has led Best World to decide on delisting.
Companies & Markets

Best World under fire from shareholders at AGM over dividends, director salaries 

Best World says privatisation will provide the company the flexibility to optimise its resources to focus on the longer-term strategies of the business.
Companies & Markets

Hot stock: Best World jumps 10.8% after exit offer at S$2.50 per share via selective capital reduction

Best World says it will take no further action relating to the Mar 21 requisition letter.
Companies & Markets

Best World shareholders withdraw requisition notice

Best World will obtain approval for the selective capital reduction at an extraordinary general meeting. The proposal also requires the approval and confirmation of the High Court.
Consumer & Healthcare

Best World International seeks to delist by selective capital reduction; shareholders requisition EGM on cash reserves, dividends, directors’ pay

Best World International proposes no dividend for FY2023, citing the uncertain business climate as its main concern.
Companies & Markets

Best World Q4 net profit drops 15.2% to S$40.4 million on China’s sales decline, rising distribution costs

SGX queried Best World on the reasons for its significant other liabilities of S$27.3 million, when it had recorded cash and cash equivalents of about S$488.9 million as at end-September. 
Companies & Markets

Best World responds to SGX queries on current assets, liabilities in Q3 financial statements 

Revenue in Q3 was up 4.2 per cent at S$104.5 million, largely from Best World’s direct selling segment.
Companies & Markets

Best World Q3 net profit down 1.5% to S$21.7 million 

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