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Proposed Acquisition By Enabler BidCo Of All The Issued Ordinary Shares In The Capital Of Econ Healthcare (Asia) Limited By Way Of A Scheme Of Arrangement - Court Sanction Of The Scheme, Last Day Of Trading Of The Shares, Notice Of Record Date And Indicative Timetable
BackMay 26, 2025
| Announcement Title | Tender/ Acquisition/ Takeover/ Purchase Offer |
| Date & Time of Broadcast | May 26, 2025 19:09 |
| Status | New |
| Corporate Action Reference | SG250526TEND1469 |
| Submitted By (Co./ Ind. Name) | Ong Chu Poh |
| Designation | Executive Chairman and Group Chief Executive Officer |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Offeror | Enabler Bidco |
| Additional Text | Please refer to the attached announcement on Court Sanction of the Scheme, Last Day of Trading of the Shares, Notice of Record Date and Indicative Timetable. |
| Additional Text | The expected date for the payment of the Scheme Consideration (as set out in the attached announcement) is indicative only and may be subject to change. Please refer to future announcement(s) by the Company on the SGXNet for the exact date of payment of the Scheme Consideration. |
| Additional Text | This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, R & T Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). |
| Additional Text | This announcement has not been examined or approved by the Exchange. The Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. |
| Additional Text | The contact person for the Sponsor is Mr. Howard Cheam Heng Haw (Telephone Number: +65 6232 0685), R & T Corporate Services Pte. Ltd., at 9 Straits View #06-07, Marina One West Tower, Singapore 018937. |
| Event Dates | |
| Record Date | 03/06/2025 |
| Ex Date | 02/06/2025 |
| Disbursement Details | |
| Existing Security Details | |
| Disbursement Type | Cash & Security |
| Cash Payment Details | |
| Offer Price | SGD 0.33 |
| New Security Details | |
| Security Not Found? | No |
| Fractional Disposition Method | Round down fraction to last full unit |
| Distribution Ratio (New: Old) | 0.321:1 |
Attachments
- Attachment 1 (Size: 160,357 bytes)