Updates with further details on privatisation
Jan 24 (Reuters) - Owner of Singapore's Japfa Ltd JAPF.SI offered to take the poultry firm private on Friday through a scheme of arrangement, valuing the company at S$1.18 billion ($874.85 million), through a scheme of arrangement with joint offerors, acting as special purpose vehicles.
The scheme involves purchasing shares from shareholders, excluding certain entities, at a cash price of S$0.620 per share, representing a 17% premium over the stock's most recent closing price.
The excluded entities include Rangi Management, Tasburgh Limited, Morze International and Tallowe Services, who are major shareholders in the company.
Joint offerors include firms that are equally owned by the Kolonas and the Santosa family, the majority owners of the Singapore-listed company.
($1 = 1.3488 Singapore dollars)
(Reporting by Roshan Thomas in Bengaluru; Editing by Tasim Zahid)
((Roshan.Thomas@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。