Voluntary Conditional Cash Offer by JK Global Assets Pte. Ltd. for all the issued ordinary shares in the capital of New Wave Holdings Ltd.
For each Share: S$0.0130 in cash

The Offeror does not intend to revise the Offer Price of S$0.0130 for each share.

The Offer price represents approximately :

* a premium of 44.4%. over the Company’s closing price of S$0.0090 as of 19 October 2017, being the last full trading day of the Company prior to the Announcement Date,

* a premium of 38.3% over 1-month volume weighted average price ("VWAP") of S$0.0094,

* a premium of 9.2% over 3-month VWAP of S$0.0119,

* a premium of 18.2% over 6-month VWAP of S$0.0110,

* a premium of 28.7% over 12-month VWAP of S$0.0101.

More details in

http://infopub.sgx.com/FileOpen/JK%20Glo...eID=474667
Specuvestor: Asset - Business - Structure.