15-06-2019, 09:59 AM
(13-06-2019, 12:08 AM)huiyi Wrote: im 99% sure they aren't allowed to increase price liao.
just skim the announcement and section 3.1 basically says they can't change price anymore?
hi shiyi can you confirm pls
hi huiyi,
Back in April, there were still able to revise the offer price. refer to my post below:
Back in April: https://www.valuebuddies.com/thread-97-p...#pid152024
But the latest update on 12th June morning states that the Offerer does not intend to increase the price. As such, they risk violating Takeover Code's rule 20.1 (note3) if they do so.
12th June update: https://links.sgx.com/FileOpen/Offeror%2...eID=563197