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What is "mandatory conditional general offer"?

What is "mandatory conditional general offer"?

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bb88 Offline
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#1
07-01-2011, 10:32 AM
What does it actually mean and the implications please anyone? Thanks.
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egghead Offline
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#2
07-01-2011, 11:26 AM
Let me try as I do not know for sure:

Mandatory means it is required by SGX listing rule (offer is triggered by crossing 30%)
Conditional means the offer is pending the crossing of 30% ownership
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