AVJennings (SGX:A05, ASX:AVJ) has signed confidentiality and exclusivity agreements with Singapore-based Ho Bee Land (SGX:H13), granting due diligence access until Feb. 21, according to a Monday filing on the Singapore Exchange.
This follows Ho Bee Land's non-binding proposal to acquire the remaining AVJennings shares it does not own for AU$0.70 each, less dividends, via a scheme of arrangement.
Discussions with AVID Property Group, another bidder, will continue under separate exclusivity terms until Jan. 31. AVJennings said there is no certainty either proposal will result in a binding offer.
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。