Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

<h2>Offer Has Become Unconditional</h2><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/012/796/original/level%20of%20acceptances.png?1473121135" class="editor-image img-responsive" data-smartkarma-image-id="12796"></figure><div class="content-caption">Source: Company report</div><ul>
<li>The Offeror is now at 90.10% level of acceptances. The offer has become unconditional in just a week and before the IFA report! <em>This has to be a new record in Singapore</em>
</li>
<li>Offeror intends to exercise its <strong>right of compulsory acquisition</strong> under Section 215(1) of the Companies Act to compulsorily acquire all the Shares of Shareholders who have not accepted the offer</li>
<li>Loss of freefloat - SGX will suspend trading of the listed securities of Sim Lian at the…</li>
</ul>

Offer Has Become UnconditionalSource: Company report
The Offeror is now at 90.10% level of acceptances. The offer has become unconditional in just a week and before the IFA report! This has to be a new record in Singapore

Offeror intends to exercise its right of compulsory acquisition under Section 215(1) of the Companies Act to compulsorily acquire all the Shares of Shareholders who have not accepted the offer
Loss of freefloat - SGX will suspend trading of the listed securities of Sim Lian at the…


Sim Lian Group - Offer Has Become Unconditional