WD::Tender/ Acquisition/ Takeover/ Purchase Offer::Mandatory

Issuer & Securities

Issuer/ Manager
HEALTHWAY MEDICAL CORPORATION LIMITED
Security
HEALTHWAY MEDICAL CORP LTD - SG1X09940682 - 5NG

Announcement Details

Announcement Title
Mandatory Tender/ Acquisition/ Takeover/ Purchase Offer
Date &Time of Broadcast
24-Aug-2023 20:19:59
Status
Withdraw
Corporate Action Reference
SG230712TENDUHOL
Submitted By (Co./ Ind. Name)
Chen Yeow Sin
Designation
Lead Independent Director

Event Narrative

Narrative Type
Narrative Text
OfferorCONDITIONAL EXIT OFFER FOR PROPOSED VOLUNTARY DELISTING OF HEALTHWAY MEDICAL CORPORATION LIMITED BY OUEH INVESTMENTS PTE. LTD., FOR ALL THE ISSUED AND PAID UP ORDINARY SHARES IN THE CAPITAL OF HEALTHWAY MEDICAL CORPORATION LIMITED
Additional TextPLEASE REFER TO THE ATTACHED APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER ANNOUNCEMENT

Disbursement Details

Existing Security Details
Disbursement Type
Cash
Cash Payment Details
Offer Price
SGD 0.048

Reason(s) for Withdrawal

Reason(s) for Withdrawal
Pursuant to an email received from Market Operations on 24 August 2023, the Company was requested to withdraw the announcement made on 12 July 2023 which was released as a "Mandatory" event, and to make a new announcement using the "Voluntary" takeover template.

Attachments

Related Announcements

Related Announcements

12/07/2023 17:30:54