silverlake axis
Silverlake Axis to delist after close of voluntary unconditional offer
Offeror E2I will compulsorily acquire all the shares of shareholders who have not accepted the offer
Silverlake Axis loses free float, likely to delist
It has obtained more than 90% valid acceptances to privatise
Closing date for Silverlake Axis offer extended to Oct 21
The offeror E2I notes that the consideration is final and does not intend to increase the offer price
Offeror says Silverlake Axis privatisation bid is final with no price increase
E2I says its offer is an opportunity for shareholders who may find it difficult to exit due to low trading liquidity
Silverlake Axis should ask IFA to push the boundaries in assessing take-private offer
This will underscore the board’s independence on the matter, and signal its confidence in the value creation capacity of the company
Silverlake Axis appoints PrimePartners as IFA for privatisation offer
The proposed deal aims to take the company private at S$0.36 in cash per share
Silverlake Axis jumps 23.3% on privatisation offer
After calling for a trading halt on Monday, the company announced it had received a voluntary unconditional offer to privatise at S$0.36 in cash per share
Silverlake Axis receives privatisation offer with S$0.36 per share cash option
Offeror says this is an opportunity for shareholders who may find it difficult to exit their investment in the company due to low trading liquidity
Brokers’ take: CGS downgrades Silverlake Axis to ‘hold’ as opex rises
CGS International has reduced its call on Silverlake Axis to “hold” from “add” with a lower price target of S$0.31 versus S$0.36 previously, as it anticipates the group’s operating expenditure (opex) ...
Silverlake Axis half-year profit down 11% despite revenue increase
ENTERPRISE technology, software and services company Silverlake Axis (SAL) posted a net profit of RM88.6 million (S$25 million) for the six months ended Dec 31, 2023, down 11 per cent from RM99.3 mill...
