Asset Acquisitions and Disposals::Mandatory Tender Offer Results of PT Bumi Serpong Damai Tbk

Issuer & Securities

Issuer/ Manager
SINARMAS LAND LIMITED
Securities
SINARMAS LAND LIMITED - SG1E97853881 - A26
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
04-Feb-2025 18:58:08
Status
New
Announcement Sub Title
Mandatory Tender Offer Results of PT Bumi Serpong Damai Tbk
Announcement Reference
SG250204OTHRNFGN
Submitted By (Co./ Ind. Name)
Phoebe Luo Jiaru
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The board of directors ("Board") of Sinarmas Land Limited (the "Company") refers to (a) the Company's announcement dated 1 August 2024; (b) the circular to shareholders of the Company dated 2 October 2024 (the "Circular") in relation to, among others, the Proposed Acquisition and the Proposed Transaction; (c) the Company's announcement dated 24 October 2024 in relation to completion of the Proposed Acquisition; and (d) the Company's announcement dated 17 December 2024 in relation to the MTO conducted by the Purchaser. Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as defined in the Circular.

The Board wishes to announce that pursuant to the MTO, the Purchaser acquired 333,013,393 of the MTO Shares, representing 6.98% of the issued shares of SMDM. Following the MTO, the Purchaser holds 4,723,134,988 shares of SMDM, representing 98.97% of the issued shares of SMDM.

Please find attached release by the Purchaser relating to results of the MTO.



By Order of the Board
SINARMAS LAND LIMITED


Robin Ng Cheng Jiet
Director
4 February 2025

Attachments

BSD Release - MTO Results.pdf
Total size =136K