Lyon Investments Initiates Acquisition of Sinarmas Land Limited
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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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