Daily BriefsSingapore

Daily Brief Singapore: Spindex Industries and more

In today’s briefing:

  • Spindex Potential Privatisation


Spindex Potential Privatisation

By Punit Khanna

  • Spindex has announced that they have been approached by a third party on a possible transaction in relation to shares of the company.
  • The discussions are ongoing and transaction may or may not happen
  • We have published insight on 22nd April highlighting that the stock trades below 2x EV/EBDITA and has 60% of market cap

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