Alpina Holdings proposes privatisation by way of a scheme arrangement
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Alpina Holdings has proposed a privatization plan through a scheme of arrangement, offering $0.37 in cash per share, representing a 19.4% premium over its last-traded price. The acquisition is led by K&T Investment, a special purpose vehicle established by the company's executive chairman Low Siong Yong and executive director Tai Yoon On. As of September 3, Alpina has 184.34 million shares issued, with Low and Tai holding approximately 79.93% of the total shares. The interim dividend record date is September 11, 2025, with payment on September 30, 2025.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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