News Formal

Lim siblings of SK Jewellery make cash offer to take company private at 15 cents per share

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

SINGAPORE - The founders of SK Jewellery Group have launched a voluntary conditional cash offer of 15 cents per share to delist and privatise the company, they announced in a bourse filing on Wednesday (Sept 2) before the stock market opened.. Read more at straitstimes.com.

SINGAPORE - The founders of SK Jewellery Group have launched a voluntary conditional cash offer of 15 cents per share to delist and privatise the company, they announced in a bourse filing on Wednesday before the stock market opened.

SK Jewellery has grown from a single 700 sq ft store in Bedok Central to a chain of some 60 stores in Singapore and Malaysia. Making up the group are the brands Soo Kee Jewellery, SK Jewellery and Love & Co. The Lim siblings said privatising the company will provide them with greater control and management flexibility to respond to changing market conditions and optimise the use of the company's management and resources.

The Lim siblings and their company, Soo Kee Capital Pte Ltd, hold 82.61 per cent of the company's shares and have undertaken to accept the offer. But the offer is still conditional on receiving valid acceptances of 90 per cent and above.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 8. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

SK Jewellery co-founders offer S$0.15 per share in cash to privatise companyTHE co-founders of SK Jewellery Group have made a voluntary conditional cash offer of S$0.15 per share for all issued and paid-up ordinary shares in the company in a bid to privatise it. Read more at The Business Times.
स्रोत: BusinessTimes - 🏆 15. / 51 और पढो »

SK Jewellery co-founders offer S$0.15 per share in cash to privatise companyTHE co-founders of SK Jewellery Group have made a voluntary conditional cash offer of S$0.15 per share for all issued and paid-up ordinary shares in the company in a bid to privatise it. Read more at The Business Times.
स्रोत: BusinessTimes - 🏆 15. / 51 और पढो »

Australia to embed intelligence officers within some private companies: Cyber chiefSYDNEY (REUTERS) - Australia will embed intelligence officers in some private companies, the head of the country's chief cyber intelligence agency said on Tuesday (Sept 1), as Canberra seeks to strengthen its defences after a spate of attacks on critical infrastructure.. Read more at straitstimes.com.
स्रोत: The Straits Times - 🏆 8. / 63 और पढो »