Challenger Tech
IFAs should use appropriate valuation basis to assess companies in take-private deals
Many companies own assets with private-market valuations that are plainly visible to public investors
Challenger’s majority shareholders exercise right of compulsory acquisition
THE majority shareholders of Challenger Technologies have exercised the right to compulsorily acquire all shares of the company – particularly the shares of shareholders who have not accepted the offe...
Challenger privatisation offer closes with 97.8% valid acceptances
THE voluntary unconditional cash offer for consumer electronics retailer Challenger Technologies closed on Tuesday (Jul 25), with the offeror DigiTech Holding receiving valid acceptances representing ...
Offeror snags more than 90% of Challenger Technologies shares
THE offeror for Challenger Technologies who intends to take it private has garnered more than 90 per cent of the total shares of the consumer electronics retailer, resulting in the public float of the...
Cash offer for Challenger raised to S$0.60 per share
MAJORITY shareholders of consumer electronics retailer Challenger Technologies have raised their voluntary unconditional cash offer for the company to S$0.60 per share to take it private.
Stocks to watch: Olam, Golden Energy and Resources, Challenger Technologies
THE following companies saw new developments that may affect trading of their securities on Wednesday (May 31): Olam Group: The company’s proposed initial public offering of its agribusiness unit is ...
Challenger majority stakeholders make S$0.56 per share cash offer to privatise company
MAJORITY shareholders of consumer electronics retailer Challenger Technologies have made a voluntary unconditional cash offer of S$0.56 per share to take the company private.
Challenger Technologies requests trading halt
CONSUMER electronics retailer Challenger Technologies after market close on Monday (May 29) requested for a halt in trading of its shares with immediate effect, pending the release of an announcement.
Challenger Technologies H2 net profit falls 40% despite higher revenue
MAINBOARD-LISTED Challenger Technologies reported on Friday (Feb 17) a 40 per cent decline in net profit for the second half, despite higher revenue.
Challenger H1 net profit halves to S$4.8m
CHALLENGER Technologies reported a 48 per cent decline in net profit for the first half ended June 2022, largely due to a fair value loss and reduced Covid-19 related government support.
