28-12-2012, 09:47 PM
Controlling shareholder with 71% stake has offered to privatize the Company at $0.03 per share. The Company IPO'ed in June 2008 at $0.390 per share ! The offer is priced at 11.1% premium to the last traded price of $0.027.
http://info.sgx.com/webcoranncatth.nsf/V...2003E365A/$file/Allegro_OfferAnnouncement_final28Dec12.pdf?openelement
(Not Vested)
http://info.sgx.com/webcoranncatth.nsf/V...2003E365A/$file/Allegro_OfferAnnouncement_final28Dec12.pdf?openelement
(Not Vested)
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