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Sinarmas Land Limited ( (SG:A26) ) has provided an update.
Sinarmas Land Limited is the subject of a voluntary unconditional cash offer by Lyon Investments Limited, facilitated by PricewaterhouseCoopers Corporate Finance Pte Ltd. The offer aims to acquire all issued and paid-up ordinary shares of the company, excluding treasury shares and those already held by the Offeror. The announcement indicates an intention to exercise the right of compulsory acquisition under the Companies Act, signaling a significant move towards consolidating ownership and potentially impacting shareholder dynamics.
More about Sinarmas Land Limited
Average Trading Volume: 2,816,194
Technical Sentiment Signal: Buy
Current Market Cap: S$1.47B
Find detailed analytics on A26 stock on TipRanks’ Stock Analysis page.