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Lyon Investments Makes Cash Offer for Sinarmas Land Shares

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An update from Sinarmas Land Limited ( (SG:A26) ) is now available.

Lyon Investments Limited has announced 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, managed by PricewaterhouseCoopers Corporate Finance Pte Ltd, is priced at S$0.31 per share. This acquisition move could significantly impact Sinarmas Land Limited’s market positioning and shareholder value, as it represents a strategic consolidation in the real estate sector.

More about Sinarmas Land Limited

Sinarmas Land Limited is a company incorporated in Singapore, operating in the real estate industry. It focuses on the development and management of properties, offering a range of services related to property investment and development.

YTD Price Performance: -11.29%

Average Trading Volume: 221,286

Technical Sentiment Signal: Sell

Current Market Cap: S$1.09B

For a thorough assessment of A26 stock, go to TipRanks’ Stock Analysis page.

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