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.
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