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.