BREAKING: Lyon Investments Launches Voluntary Unconditional Cash Offer for Sinarmas Land Limited Shares

In a significant development, Lyon Investments Limited, through its financial adviser PricewaterhouseCoopers Corporate Finance Pte Ltd, has announced a voluntary unconditional cash offer to acquire all the issued and paid-up ordinary shares in Sinarmas Land Limited. This move has potential implications for shareholders and may impact the share price.
Key Points:
Offer Details: The offer is for all issued and paid-up ordinary shares in Sinarmas Land Limited, excluding those held by the company as treasury shares and those held by the offeror, Lyon Investments Limited.
Offer Price: Not disclosed in the notification letter.
Electronic Despatch: The offer document, Form of Acceptance and Authorisation (FAA), and Form of Acceptance and Transfer (FAT) have been electronically despatched to shareholders via the Singapore Exchange Securities Trading Limited (SGX-ST) website.
No Printed Copies: No printed copies of the offer document will be despatched to shareholders.
Closing Date: The offer will close at 5:30 p.m. (Singapore time) on May 14, 2025, or such later date(s) as may be announced.
Important Information for Shareholders:
Acceptance Procedures: Shareholders who wish to accept the offer must complete and return the relevant acceptance form (FAA or FAT) by the closing date.
CDP Holders: If you hold shares through The Central Depository (Pte) Limited (CDP), you can submit your FAA electronically via SGX-ST’s Investor Portal or by post.
Non-CDP Holders: If you hold shares not deposited with CDP, you must submit the duly completed and signed FAT by hand or by post.
Overseas Persons: Shareholders with addresses outside Singapore should note that the offer may be affected by local laws and regulations.
Price-Sensitive Information:
The offer price and any potential changes to the offer terms may significantly impact the share price.
Shareholders should carefully consider the offer and seek professional advice if necessary.
What to Do Next:
Shareholders should review the offer document and acceptance forms carefully.
Shareholders who wish to accept the offer should follow the procedures outlined in the offer document and acceptance forms.
Shareholders who are in doubt about the offer or their position should consult their stockbroker, bank manager, solicitor, accountant, tax adviser, or other professional adviser.
Disclaimer:
This article is for informational purposes only and should not be considered as investment advice. Shareholders should consult their own financial advisers before making any decision regarding the offer. The information contained in this article is based on publicly available data and may not be up-to-date or accurate. Neither the author nor the publisher is responsible for any consequences arising from the use of this information.

View Sinarmas Land Historical chart here