privatisation offer

Offer

CITIC Envirotech gets 55 cents/share offer from parent to delist, saying it does not need to tap SGX for funds

SINGAPORE (Nov 6): CITIC Envirotech has received an 55 cents per share offer from 56.4% owner CKM (Cayman) Company (CKM) to delist from the Singapore Exchange.

Management & Corporate Governance

Securities Industry Council censures Delong chairman and advisors over buyout fiasco

SINGAPORE (July 30): Shares in Delong Holdings are up 94 cents, or 15.6%, at $6.95 with 2.2 million units traded, after its suspension from trading was lifted following an announcement.

Investing ideas

HMI surges 9% on 73-cent privatisation offer; analysts recommend 'accept'

SINGAPORE (July 8): Shares in Health Management International (HMI) are up as high as 9.1% at 2.48pm to trade at 72 cents from its last close on July 4 of 66 cents.

Buyout

Cash offer for Memtech extended by 2 weeks to July 26

SINGAPORE (June 28): M-Universe Investments' cash offer to privatise Memtech International has been extended by some two weeks to July 26 from July 12.

Buyout

Offer for Indofood Agri extended by a month to June 25

SINGAPORE (May 27): PT Indofood Sukses Makmur Tbk is extending the closing date of the 28 cents per share offer for all the shares it does not own of Indofood Agri Resources by a month to June 25,

Offer

Boardroom gets 88 cents per share privatisation offer from controlling shareholder GK Goh

SINGAPORE (May 15): G.K. Goh, the 80.72% owner of Boardroom, is making an 88 cents per share cash offer for all the shares of Boardroom it does not own.

Broker's Calls

Indofood Agri shareholders should accept 28 cents per share offer to delist, says DBS

SINGAPORE (Apr 12): DBS Group Research recommends that shareholders of Indofood Agri Resources (IFAR) accept the 28 cents per share offer to delist, even though the offer is at the lower end of acq

M&A

M1 deal hangs in balance as Keppel, SPH stand ground

(Jan 23): A buyout offer for M1 four months ago still doesn’t have the backing of a bulk of shareholders.

Buyout

Parent company garners 90.1% stake in Wheelock Properties at close of offer; starts delisting process

SINGAPORE (Oct 2): Wheelock and Company will proceed to delist Wheelock Properties (Singapore) from the Singapore Exchange following the successful conclusion of its $2.10

Broker's Calls

CityDev kept at 'buy' as it raises offer on M&C Hotels

SINGAPORE (Dec 11): UOB Kay Hian is maintaining its “buy” call on City Developments (CDL) with a target price of $14.03.

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