Silverlake Axis to be delisted from SGX after E21 acquisition

Singapore Business Review
2024.11.19 03:26
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Silverlake Axis will be delisted from the Singapore Exchange (SGX) following E21's acquisition, as they now own 98.3% of the shares. With public ownership dropping below 10%, trading will be suspended. E21 is entitled to compulsorily acquire remaining shares after offering to take the company private at a cash price per share.