The Business Times

silverlake axis

Companies & Markets

Silverlake Axis to delist after close of voluntary unconditional offer

Enterprise technology company Silverlake Axis lost its free float, after obtaining over 90 per cent valid acceptance to privatise.
Companies & Markets

Silverlake Axis loses free float, likely to delist

The two week extension of the offer closing date comes as the total number of shares held by E2I, its concert parties and valid acceptances reached 84.17 per cent of Silverlake Axis’ total number of issued shares as at 6 pm on Thursday (Oct 3)
Companies & Markets

Closing date for Silverlake Axis offer extended to Oct 21 

The offer remains open for acceptance until 5.30pm on Oct 7, unless a later date is announced by E2I.
Companies & Markets

Offeror says Silverlake Axis privatisation bid is final with no price increase

By its own account, Silverlake Axis serves 40 per cent of the top 20 largest banks in the region
Opinion & Features
HOCK LOCK SIEW

Silverlake Axis should ask IFA to push the boundaries in assessing take-private offer

In a bourse filing on Monday, Silverlake Axis said the IFA will advise the directors of the company who are considered to be independent.
Companies & Markets

Silverlake Axis appoints PrimePartners as IFA for privatisation offer

Silverlake Axis' share price is at levels not seen since February 2023.
Companies & Markets

Silverlake Axis jumps 23.3% on privatisation offer

Shareholders may also choose to receive a combination of S$0.30 per share in cash – together with one new redeemable preference share in the capital of the offeror, E2I, for each offer share.
Companies & Markets

Silverlake Axis receives privatisation offer with S$0.36 per share cash option

CGS International is downgrading its call on Silverlake Axis to "hold" on declining gross profit margins and rising operating expenditure.
Companies & Markets

Brokers’ take: CGS downgrades Silverlake Axis to ‘hold’ as opex rises

Silverlake Axis CEO Andrew Tan, who will be stepping down in January 2025. The group's revenue for the first half of FY2024 rose by 1 per cent.
Companies & Markets

Silverlake Axis half-year profit down 11% despite revenue increase

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