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If i forgot to send in the acceptance letter by the deadline how arh? Will it give further time to summit the acceptance?
YTL Cement offers to buy Holcim’s Jurong Cement stake at $2.50 a share
21 Jan 2010
YTL Cement Singapore, a unit Malaysian conglomerate YTL Group, has reportedly offered to
acquire all of Holcim Investments Singapore’s shares in Jurong Cement for $2.50 per share.
Holcim Investments, Jurong Cement’s controlling shareholder with a stake of over 55%, is
currently offering $2.10 per share for the rest of the shares it does not own.
If Holcim Investments accepts the offer, YTL Cement — Jurong Cement’s second-largest
shareholder — will make a mandatory offer for all the other voting shares, also at $2.50 per share. (",) !
What a great Xmas gift!
5.2 The Offer represents another opportunity for the shareholders to dispose of their Shares. The Offer Price of S$2.10 for each Offer Share represents:
(a) a premium of approx 64.1% over the last transacted price per share on the SGX-ST of S$1.28 on 18 Nov 2009...
(b) ......
| Jurong Cement | ___3 mths ended Sep 2009___ | Net Loss (S$M)___ | -$4.56 |