Lyon Investments plans to make a voluntary unconditional cash offer of SG$0.31 per share for all outstanding shares in Sinarmas Land (SGX:A26), excluding treasury shares and those held by the buyer, according to a Thursday filing on the Singapore Exchange.
The offer represents a 12.7% premium over the last traded price of SG$0.275 on March 24 and a 17.1% premium over the one-month VWAP.
Sinarmas Land, listed in Singapore since 1997, operates in property development and management across Indonesia, China, Malaysia, Singapore, and the UK.
Lyon Investments, controlled by the Widjaja family, already holds about 70.3% of the company's shares.
The offer is unconditional and allows shareholders to cash out at a premium without brokerage fees.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。