165 views
Photo from Envato Elements

Epicsoft Asia’s buyout offer for Ban Leong becomes unconditional

The offer remained at $0.6029 per share.

Epicsoft Asia’s buyout offer for Ban Leong Technologies Limited has been declared unconditional in all respects.

As of 27 May, Epicsoft Asia owns a 50.90% stake in Ban Leong. Subject to acquiring at least 90% of the shares, it will be entitled to acquire all remaining shares at the offer price of $0.6029 per share.

If the minimum free float requirement is no longer met, Epicsoft Asia will proceed to delist Ban Leong from the Singapore Exchange Securities Trading Limited (SGX-ST).

Shareholders who wish to accept the offer must submit the relevant acceptance form(s) by 2 July, at 5:30 pm.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.