Tender/ Acquisition/ Takeover/ Purchase Offer::Voluntary

Issuer & Securities

Issuer/ Manager
SILVERLAKE AXIS LTD.
Security
SILVERLAKE AXIS LTD. - SGXE58461943 - 5CP

Announcement Details

Announcement Title
Voluntary Tender/ Acquisition/ Takeover/ Purchase Offer
Date &Time of Broadcast
26-Aug-2024 22:31:54
Status
New
Corporate Action Reference
SG240826TENDN28X
Submitted By (Co./ Ind. Name)
Ong Kian Min
Designation
Lead Independent Director
Percentage Sought (%)
100

Event Narrative

Narrative Type
Narrative Text
OfferorE2I PTE. LTD.
Additional TextPlease refer to the attached.
Additional TextVoluntary Unconditional Offer - Response to the offer announcement.

Option 1-Disbursement Details

Closing Time
00:00:00
Existing Security Details
Disbursement Type
Cash
Cash Payment Details
Offer Price
SGD 0.36

Option 2-Disbursement Details

Closing Time
00:00:00
Existing Security Details
Disbursement Type
Cash & Security
Cash Payment Details
Offer Price
SGD 0.3
New Security Details
Security Not Found?
No
Fractional Disposition Method
Standard
Distribution Ratio (New: Old)
1:1
Note : Any Information entered in the narrative will not be used for processing
Narrative Type
Narrative Text
Additional TextIn lieu of the Cash Consideration, a combination of S$0.30 in cash and one (1) new redeemable preference share in the capital of the Offeror ("New Offeror RPS") for each Offer Share ("Combi Consideration"). The Redemption Amount (as defined in the Offer Announcement) for each New Offeror RPS pursuant to the Combi Consideration is S$0.18.

Attachments

Related Announcements