Home News Offer

Guocoleisure Holdings increases offer price for GL Limited shares to 80 cents per share

Atiqah Mokhtar
Atiqah Mokhtar3/15/2021 9:9 AM GMT+08  • 1 min read
Guocoleisure Holdings increases offer price for GL Limited shares to 80 cents per share
Shareholders who accepted the offer at the earlier price are entitled to the final share price of 80 cents per share.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Guocoleisure Holdings, a wholly-owned subsidiary of Guoco Group Limited (GGL) has revised its voluntary conditional cash offer for all the issued ordinary shares in the capital of GL Limited from 70 cents per share to a final price of 80 cents per share.

In a filing to SGX dated March 15, Guocolesiure Holdings states that shareholders who accepted the offer at the earlier price are entitled to the final share price of 80 cents.

The final share price represents a 42.9% premium over the last transacted price of 56 cents per share on January 14.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.