Silverlake Axis (SG:5CP) has released an update.
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E2I Ltd., represented by United Overseas Bank Limited, has made a voluntary unconditional offer to acquire all issued shares of Silverlake Axis Ltd. not already held by the company or the offeror. The offer, which was announced on August 26, 2024, and detailed in a subsequent document on September 9, will remain open until October 21, 2024. This acquisition is poised to consolidate E2I Ltd.’s ownership and could significantly impact Silverlake Axis Ltd.’s shareholder structure.
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