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An update from Sinarmas Land Limited ( (SG:A26) ) is now available.
Lyon Investments Limited, through PricewaterhouseCoopers Corporate Finance Pte Ltd, has made a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and those already held by the Offeror. The offer period has been extended, but the revised offer price will not increase. This acquisition move could significantly impact Sinarmas Land’s market positioning and shareholder value, especially considering the implications of the loss of free float for shareholders who have not accepted the offer.
More about Sinarmas Land Limited
Sinarmas Land Limited is a company incorporated in Singapore, primarily involved in real estate development and management. It focuses on acquiring and managing properties, with a significant presence in the real estate market.
Average Trading Volume: 2,753,987
Technical Sentiment Signal: Buy
Current Market Cap: S$1.49B
See more insights into A26 stock on TipRanks’ Stock Analysis page.