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An announcement from SLB Development Ltd. ( (SG:1J0) ) is now available.
SLB Development Ltd. is undergoing a proposed privatization through an acquisition by Lian Beng Group Pte. Ltd. via a scheme of arrangement. United Overseas Bank Limited is acting as the sole financial adviser for this transaction. This move involves acquiring all issued and paid-up ordinary shares of SLB Development Ltd. held by shareholders, except those already held by the Offeror. The announcement highlights the confidentiality maintained during the process and the disclosure of shareholdings by parties acting in concert with the Offeror.
More about SLB Development Ltd.
YTD Price Performance: 69.23%
Average Trading Volume: 506,814
Technical Sentiment Signal: Sell
Current Market Cap: S$200.9M
For detailed information about 1J0 stock, go to TipRanks’ Stock Analysis page.