THE buyout offer for Kingboard Copper Foil has closed, with the offeror group - Kingboard Laminates and Kingboard Holdings - now owning some 98.5 per cent of the shares issued, having obtained valid acceptances of the offer representing some 10.5 per cent of the shares issued.
The latest update on the level of acceptances of the offer was issued on Tuesday, following the close of the offer at 5.30pm last Thursday. The company's shares have been suspended from trading since 9am last Friday, when their free float fell below 10 per cent. The offer was S$0.60 in cash for each share, which independent financial adviser SooChow CSSD Capital Markets deemed "not fair but reasonable".
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: