Offer
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Advanced Systems Automation terminates pre-conditional offer for Asti shares
This follows Sias’ queries for clarification amid governance and valuation concerns [SINGAPORE] Advanced Systems Automation will terminate its pre-conditional voluntary general offer for all the shares of Asti, it said…
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Offer for Low Keng Huat closes with 96.88% valid acceptances
The special-purpose vehicle will exercise its right to compulsorily acquire all remaining shares at the offer price of S$0.78 a share [SINGAPORE] The privatisation offer for construction and property developer…
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DHS Likely Headed For Shutdown: No Deal Despite Last Minute White House Offer
A partial government shutdown likely begins Saturday as Republicans and Democrats have failed to agree on how to rein in ICE and border patrol. Democrats have dug in on funding…
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Sias calls on Advanced Systems Automation to clarify Asti offer over governance, valuation concerns
Sias founder David Gerald says implied discount to Advanced Systems Automation’s offer has ‘widened materially’ to in excess of 67% [SINGAPORE] The Securities Investors Association (Singapore), or Sias, has called…
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Sen Yue Holdings receives privatisation offer at S$0.008 per share, with cash or shares option
Offer comes amid prolonged trading suspension, regulatory overhang, which adversely affects its access to funding and borrowing capacity [SINGAPORE] Waste management company Sen Yue Holdings on Thursday (Feb 12) received…
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Monad Pilates Launches to Offer Functional Strength with Athletic Led Precision
Monad Pilates™ officially opened its doors and introduced a boutique reformer studio space designed around precision and an athlete’s understanding of movement. Founded by veteran trainer and Pilates instructor Shaimaine…
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Mindarie Investment’s offer for Alpha Integrated Reit turns unconditional
[SINGAPORE] Mindarie Investment’s mandatory conditional cash offer for Alpha Integrated Real Estate Investment Trust (AI-Reit) was declared unconditional on Monday (Feb 9), resulting in an extension of the closing date…
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Offer for Low Keng Huat turns unconditional with 95.5% of shares secured
Managing director Marco Low and his family are taking the company private at S$0.78 per share [SINGAPORE] The privatisation bid for construction and property developer Low Keng Huat (LKH) has…
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Sasseur Reit rejects Xi’an mall offer from sponsor, targets South-east Asia for growth
Manager notes proposed acquisition will result in material dilution of DPU and NAV per unit, based on reasonable funding costs assumption [SINGAPORE] Sasseur Real Estate Investment Trust (Sasseur Reit) has…
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Netflix Switches to Cash Offer for Warner Bros, Aiming to Close Door on Paramount
Netflix has shifted to an all-cash offer for Warner Bros Discovery’s (WBD) studio and streaming assets, keeping the $82.7 billion valuation the same, in a strategic move to block rival…
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Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies [SINGAPORE] Advanced Systems Automation intends to make a voluntary conditional offer for all the shares…
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Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans [SINGAPORE] A listing on the Catalist board of the Singapore Exchange (SGX) will raise…
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Toyota raises offer for Toyota Industries by 15%
[TOKYO] Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan to…
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Netflix prepares all-cash offer for Warner Bros: source
[LOS ANGELES] Netflix is preparing to make an all-cash offer for Warner Bros Discovery’s studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday (Jan 13).…
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Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price [SINGAPORE] The offerors for Low Keng Huat have raised the offer price for the property developer…