Lian Beng (LBG SP): Ong Family’s Final, Unconditional and Derisory S$0.68 Offer
The token bump is unlikely to appeal to minorities. Hitting the 90% compulsory acquisition threshold implies a minority acceptance rate of around...
426 Views
Lian Beng (LBG SP): Ong Family’s Derisory Unconditional Offer at S$0.62
The offer price is unattractive in comparison to peer multiples and precedent transactions. The price is not final. As the family aims to privatise...
490 Views
Boustead Projects (BOCJ SP): Boustead Singapore’s Final S$0.95 Offer to Call Minorities’ Bluff
Boustead Singapore’s approach is to call minorities bluff by tabling a "take it or leave it" proposal instead of a fair offer. The shares are...
427 Views
Boustead Projects (BOCJ SP): Unconditional Offer at S$0.90 from Boustead Singapore
The offer is unremarkable. As Boustead Singapore aims to privatise BPL there is a possibility of a bump. The offer document will be despatched and...
468 Views
Singapore Property – February Sales Data Support Investment Thesis on Sing Holdings
Singapore’s Urban Redevelopment Authority (URA) has released the data on property developers’ private home sales for the month of February. A total...
353 Views