04-11-2013, 12:45 PM
Just realized that there's no thread on People's Food Holdings Limited. IIRC, this counter was actively discussed in the old-time wallstraits forum. Once upon a time, a market darling.
Latest development on the company :
Voluntary conditional offer for all the issued and paid-up ordinary shares of the company by New Oceana Limited ("Offeror") which is an unlisted company.
Consideration :
For each Offer Share:
Either S$1.20 in cash
and/or
One (1) new ordinary share ("Offeror Share") in the capital of the Offeror
<not vested>
Latest development on the company :
Voluntary conditional offer for all the issued and paid-up ordinary shares of the company by New Oceana Limited ("Offeror") which is an unlisted company.
Consideration :
For each Offer Share:
Either S$1.20 in cash
and/or
One (1) new ordinary share ("Offeror Share") in the capital of the Offeror
<not vested>