01-04-2017, 12:20 AM
(31-03-2017, 06:09 PM)opmi Wrote: KINGBOARD COPPER FOIL HOLDINGS LIMITED
(Company Registration No. 26998)
(Incorporated in Bermuda)
(Singapore Stock Code: K14)
other than those which are owned, controlled or agreed to be acquired by the Offeror Concert Group
FINAL OFFER PRICE
1. INTRODUCTION
Religare refers to the offer document dated 20 March 2017 in relation to the Offer. All
capitalised terms used herein, unless otherwise defined, shall have the meanings ascribed in
the offer document.
2. FINAL OFFER PRICE
The Offer Price of S$0.40 in cash per Share is final and the Offeror will not be revising the
Offer Price.
3. CLOSING DATE
The Closing Date for the Offer is 5:30 p.m. on 17 April 2017 or such other date(s) as may be
announced by the Offeror from time to time. Acceptances for the Offer must be received not
later than the Closing Date.
@opmi
thanks for updating.
As I expected, no revised offer, they are likely to be happy to stick with the status quo.
The crazy thing is, the market price was still above $0.4 after the court ruling. Some investors actually believe there will be a revised offer? Why would they do that if they could get the good stuff (the copper foil at below market rates) indefinitely via this arrangement while de risking their BS by keeping KCF listed?