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Lyon Investments Initiates Acquisition of Sinarmas Land Limited

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Lyon Investments Initiates Acquisition of Sinarmas Land Limited

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The latest update is out from Sinarmas Land Limited ( (SG:A26) ).

Lyon Investments Limited, through PricewaterhouseCoopers Corporate Finance Pte Ltd, has initiated 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. This move signifies a strategic acquisition aimed at consolidating control over Sinarmas Land Limited, potentially impacting its market positioning and shareholder dynamics.

More about Sinarmas Land Limited

Sinarmas Land Limited is a company incorporated in Singapore, operating in the real estate industry. It focuses on property development and investment, providing a range of residential, commercial, and industrial properties.

Average Trading Volume: 3,353,944

Technical Sentiment Signal: Buy

Current Market Cap: S$1.49B

Find detailed analytics on A26 stock on TipRanks’ Stock Analysis page.

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