Wednesday, April 2nd, 2025

PeakBayou Ltd’s Voluntary Unconditional General Offer for AMOS Group Limited

Summary of Key Facts and Investor Actions:

  1. Offer Details:

    • PeakBayou Ltd, through PrimePartners Corporate Finance Pte. Ltd., intends to make a voluntary unconditional general offer for all the issued ordinary shares of AMOS Group Limited (AGL). This was announced on 25 September 2024.
    • Offer Price: SGD 0.070 in cash for each Offer Share.
  2. Offer Document:

    • The formal Offer Document outlining the terms and conditions will be dispatched to shareholders within 14 to 21 days from the Offer Announcement Date (25 September 2024).
    • The Offer will remain open for at least 28 days from the date of posting of the Offer Document.
  3. Rationale for the Offer:

    • Provides an exit opportunity for shareholders due to AGL’s low trading liquidity.
    • Allows shareholders to realize their investment at a premium.
    • Addresses the challenging business environment faced by AGL.
    • Reduced compliance costs if AGL is delisted from the Singapore Exchange (SGX).
  4. Investor Actions:

    • Shareholders are advised to review the Offer Document and seek advice from financial professionals.
    • Caution is urged when dealing with shares until considering the recommendations of the Independent Financial Adviser (IFA) to be appointed by AGL’s Board.
  5. Important Dates:

    • Announcement Date: 25 September 2024.
    • Offer Document Dispatch: Within 14 to 21 days from the Announcement Date.
    • Offer Open Period: At least 28 days from the posting of the Offer Document.

Special Notes for Investors:

  • Shareholders are cautioned against making any premature actions regarding their shares until they have reviewed the full details in the Offer Document and the advice of the IFA.
  • The Offer Price of SGD 0.070 per share is final unless a competing offer arises.

Conclusion: Investors should closely monitor upcoming announcements and consider the Offer Document’s terms once received for a well-informed decision.

Advanced Systems Automation Announces Major Rights Cum Warrants Issue to Raise S$5.1 Million

Advanced Systems Automation Announces Bold Fundraising Strategy with Rights Cum Warrants Issue Advanced Systems Automation Announces Bold Fundraising Strategy with Rights Cum Warrants Issue Advanced Systems Automation Limited has unveiled an ambitious fundraising plan...

ST Group Food Industries Announces Interim Dividend Payment and Key Dates for Shareholders

ST Group Announces Dividend Record and Payment Dates for 2025 ST Group Announces Dividend Record and Payment Dates for 2025 Singapore, February 17, 2025 – ST Group Food Industries Holdings Limited (the “Company”) has...

Keppel REIT Announces 2.80 Cents Distribution Per Unit for H2 2024: Key Dates and Tax Information

Keppel REIT Announces 2.80 Cents Per Unit Distribution; Key Tax Details Revealed Keppel REIT Announces 2.80 Cents Per Unit Distribution; Key Tax Details Revealed Keppel REIT, a prominent real estate investment trust in Singapore,...