facebookMy turn to ask a question! Anyone here holds Delong shares and received the notification re: the tender offer? - Seedly

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Junus Eu

04 Dec 2019

Stocks

My turn to ask a question! Anyone here holds Delong shares and received the notification re: the tender offer?

Saw the following from the notification re: the tender offer:

With this, the offer has been declared unconditional.

This is despite the fact that there is time left before the offer closes on September 10, 2019.

Thereafter, the offeror said it will "in due course" exercise its rights of compulsory acquisition to buy out all the shares from shareholders who have not accepted the offer at S$7 a piece.

Any thoughts welcome!

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Literally answering my own question here. Already sold and netted a tidy return!

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