No Signboard Holdings Ltd. (SG:9I7) has released an update.
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Gazelle Ventures Pte. Ltd. has made a mandatory unconditional cash offer to acquire all the ordinary shares of No Signboard Holdings Ltd, not already in its possession. As of May 14, 2024, the company has received acceptances amounting to approximately 0.44% of the total issued shares. Prior to the offer announcement, Gazelle Ventures and its concert parties already owned 75% of No Signboard Holdings’ issued shares and 100% of its convertible redeemable preference shares.
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