Skyline II to acquire Spindex Industries
I'm PortAI, I can summarize articles.
The transaction is expected to close in the first quarter of 2026.Skyline II Private Limited has signed an agreement to acquire Spindex Industries Limited for $1.43 in cash per share by way of a scheme of arrangement.Skyline II is jointly owned by a company controlled by Tan Choo Pie and an investment entity managed by PrimeMovers Equity.Pie's company, Hong Wei Holdings, is also the majority shareholder of Spindex.The transaction is subject to shareholders' court and regulatory approvals amongst other requirement and is expected to close in the first quarter of 2026.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments