Lyon Investments Initiates Acquisition of Sinarmas Land Limited
Lyon Investments Limited has initiated a voluntary unconditional cash offer to acquire all issued shares of Sinarmas Land Limited, excluding treasury shares. This strategic acquisition aims to consolidate control over Sinarmas Land, which operates in the real estate sector in Singapore, focusing on property development and investment. The current market cap of Sinarmas Land is S$1.49B, with an average trading volume of 3,353,944 shares.
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The latest update is out from Sinarmas Land Limited ( (SG:A26) ).
Lyon Investments Limited, through PricewaterhouseCoopers Corporate Finance Pte Ltd, has initiated a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Sinarmas Land Limited, excluding treasury shares and those already held by the Offeror. This move signifies a strategic acquisition aimed at consolidating control over Sinarmas Land Limited, potentially impacting its market positioning and shareholder dynamics.
More about Sinarmas Land Limited
Sinarmas Land Limited is a company incorporated in Singapore, operating in the real estate industry. It focuses on property development and investment, providing a range of residential, commercial, and industrial properties.
Average Trading Volume: 3,353,944
Technical Sentiment Signal: Buy
Current Market Cap: S$1.49B
Find detailed analytics on A26 stock on TipRanks’ Stock Analysis page.
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