Isetan (SGX:I15) received an approval for the proposed delisting of the company from the SGX-ST following the acquisition of the company by Isetan Mitsukoshi (TYO:3099), according to a filing with the Singapore Exchange on Wednesday.
On April 1, the company confirmed the proposed acquisition of all shares in the issued share capital of the company and entered into an implementation agreement on the same day for a scheme consideration of SG$7.20 per share.
Price (SGD): S$7.09, Change: S$-0.01, Percent Change: -0.14%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments