Roxy Pacific Holdings Watchlist
Roxy-Pacific (ROXY SP): Circular Out. IFA Says Not Fair But Reasonable
197 Views, 20 Jan 2022 12:24
- An Offeror consortium, led by Teo Hong Lim, founder of Roxy Pacific (ROXY SP), is offering S$0.485/share, a 19.8% premium to last close. The Offer Price will NOT be increased.
- The Circular was dispatched yesterday (the Offer Doc was issued on the 5 January), in which the IFA considered the terms not fair but reasonable).
- Trading to terms. The first close is the 3 February.